Mesa, Phoenix house – 2 bedroom, 2 bath , 880 sq. feet FP – double carport – $83,000
1. RARE Kamloops Triplex in North Kamloops. GREAT Income. Sale Price: $429,900. Monthly Rent: $3465;
2. EDMONTON; No Money Down Condo in Edmonton. 1 unit left in a building that has been redone and stratified. He is offering some creative ways to sell it which can equate to a no money down deal. The unit is a bedroom unit close to the river valley.
WHAT IMPACT WILL THE CHINESE STOCK CRASH HAVE ON VANOUVER OKANAGAN NUMBERS AND OUTLOOK EDMONTON NUMBERS TORONTO NUMBERS CALGARY NUMBERS AND OUTLOOK LLLP, LLP OR NONE OF THE ABOVE IN THE US QUESTIONS, QUESTIONS HOT PROPERTIES (NO MONEY DOWN)
DATE: Saturday, September 26, 2015
1. Gibsons, dynamite low-bank waterfront home, gourmet kitchen, stunning ocean, island and marina views, walking distance to Lower Gibsons. Price: $1,485,000;
2. Kitimat cash flow, $305,000 fully furnished, 1 year lease at $2400/month, fully renovated with $105,000 in renovations
All the talk about Greece has everyone’s head spinning. People in Europe have mixed feelings.
Spain together with Italy/Portugal and a many others are watching Greece with interest. The worry by the thinkers here is that the left wing parties would gain strength if Greece is perceived to be winning (ie. will win a foregiveness of 50% of debt again). In fact Spain and Portugal the “anti-austerity parties” growing dramatic support (let’s stop paying the debts) and there is great sympathy for them.
The shocker was that yesterday Austrian Parliament faced an EXIT THE EU petition of 256,000 (collected in a week) that want to force a new stance with Brussels.
Germany never saw a collapse like Southern Europe, Spain, Portugal and the like. Prices stayed the same. Never declined. But now real estate is really on the way UP in all major cities.
We said 3 years ago in our annual forecast that we felt Berlin and most other German cities were undervalued. Since then prices have risen to such an extent (and with it rents) that it is making headlines and TV shows in Germany.
Rents are actually a lot higher and are up:
– Munich are up 29 %
– Frankfurt 23% and
– Cologne up 25% in a year
So are prices, Germany real estate deals: