alberta

/Tag: alberta

January 2017

Facts by Email #4 – GONG XI FA CAI

By | 2017-01-30T14:42:56+00:00 January 30th, 2017|Facts By Email|

RENTING AN INVESTMENT CONDO: CRUNCHING THE VANCOUVER NUMBERS ASSIGNMENT CONDOS BACK ON BURNER IN VANCOUVER EDMONTON SURPRISES TO THE UPSIDE CALGARY: WIDE, WIDE OPEN SPACES - Ranch-size space of empty offices, rental apartments WINNIPEG: $90,000 A DOOR AND 3.7% VACANCY RATE SOME SENIORS ARE SIMPLY BETTER OFF RENTING SMALL MALL OWNERS – SELL FOREIGN TAX CHANGE

Facts By Email #3 – Bananas?

By | 2017-01-23T19:53:06+00:00 January 23rd, 2017|Facts By Email|

GRANULAR LOOK AT CITY OF VANCOUVER HOUSING VANCOUVER “LOW-COST” MODULES COST $1,495 PER SQUARE FOOT 34% VANCOUVER HOMES WANT TO CASH IN AND GET OUT? BUT TO WHERE? FOREIGN BUYERS RETURN SLOWLY MULTIFAMILY LANDLORDS FACE PRESSURE IN 2017 WHERE DOWN PAYMENTS REALLY COME FROM HOUSING SLUMP SLIPS B.C. BENEATH MANITOBA IN GDP GROWTH NEW WORDS I HATE PRISON REITS HOW THE CHINESE TOOK OUT THEIR CASH – BITCOIN! 1,500 RENTAL UNITS IN CALGARY VACANT VICTORIA IS GOING BANANAS WATCH YOUR COMPUTER WATCHING YOU!

November 2016

Facts By Email #48 – Commercial At $1 Billion A Month – Where To Get In On The Action

By | 2016-12-01T18:06:27+00:00 November 30th, 2016|Facts By Email|

VICTORIA INVESTORS NOTE: A THREAT IN THE BC PRESS RELEASE??? BC FINANCE MINISTRY WARNED AGAINST IT, BUT FOREIGN BUYERS TAXED ANYWAY TREND: MIXED-USE REITS COMMERCIAL / MULTI FAMILY 1,800 NEW HOMES FREE OF FOREIGN BUYER TAX FARMLAND RESTRICTIONS WILL START AND SPREAD WINNIPEG IS STARTING TO LOOK STRANGELY TEMPTING FOUR-PLEXES HOLD KEY TO VICTORIA RENTALS MORTGAGE RULES: PRIVATE MONEY FILLING THE GAP CMHC LATEST VACANCY RATE REPORT

Facts By Email #47 – Mortgage Rates Rising Further

By | 2016-11-21T18:42:46+00:00 November 21st, 2016|Facts By Email|

CMHC LAUNCHES A BOMB! REITS: THE BIG SKINNY ON FAT TRUSTS TO BUY NOW PER DOOR PRICES HOLDING FIRM IN ALBERTA RENTALS OUTLIER MARKETS OUTPERFORM VANCOUVER VACANT HOME TAX - HOW IT WILL WORK (AND NOT) LIPSTICK AND FLIPS: WHERE TO SPEND ON UPGRADES THE END OF 10% DOWN PAYMENTS?

October 2016

Facts By Email #43 – More Condos Built In New West Than In Vancouver

By | 2016-10-24T18:10:42+00:00 October 24th, 2016|Facts By Email|

CRA HIRES 70 MORE AUDITORS – RE-EVALUATES 500 HIGH DOLLAR VALUE DEALS! CMHC RED WARNING AND WHAT IT REALLY MEANS THE OTHER OCEANFRONT AND HIGH IMMIGRATION MARKET BOC HOLDS RATES AND CONTINIUES TO WORRY CAP RATES FATTER FOR ALBERTA RENTALS QUESTIONS, QUESTIONS – RENTS GOING DOWN IN DOWNTOWN?

Facts By Email #42 – CMHC Red Flags Vancouver Real Estate Market

By | 2016-10-19T14:59:01+00:00 October 19th, 2016|Facts By Email|

SOME METRO VANCOUVER SPECULATORS LIKELY ALREADY UNDERWATER SAUDIS BLINK, OPEC CAVES, OIL PRICE RISES AND ALBERTA TOWNS OFFER CASH RENTAL INCENTIVES WINDING UP A STRATA CORP TAKES TIME BUT THE PAYOFF CAN BE HUGE LENDERS ALSO TIGHTEN MULTI-FAMILY LOANS WINDOW OPENS FOR CROWDFUNDING REAL ESTATE GENWORTH TAKES HIT AND NEW INSURANCE RULES NOT EVEN IN PLACE YET 108 YEARS! TO PAY OFF A CREDIT CARD! IT’S OK FOR FIRST TIME BUYERS TO PAY 28% FOR 108 YEARS … BUT – GOD FORBID – DON’T LET THEM HAVE A HOUSE AND PAY A MORTGAGE

Facts By Email #41 – Chinese ‘Appreciate’ Canadian Tax, Won’t Slow Big Scale Plans

By | 2016-10-16T12:23:58+00:00 October 11th, 2016|Facts By Email|

EXAMPLES OF CHINA-BACKED REAL ESTATE PROJECTS MORE FROM OUTLOOK: PHOENIX STILL A DEAL MORE FROM OUTLOOK: CLARITY AND CONFIDENCE HOOP HOPS INTO CALGARY OFFICE SECTOR NEW MORTGAGE RULES MAKE IT VERY TOUGH FOR FIRST-TIME BUYERS

September 2016

Alberta – now is the time for low-ball offers

By | 2016-09-10T11:31:21+00:00 September 10th, 2016|Hot Tip|

We have always like Calgary and Edmonton and in my newsletter we recommend buying there again – but not yet!

A close look at the two cities shows both condo markets are holding up, perhaps surprisingly, well, but there are marked differences.

Here is a look at the Calgary and Edmonton condo markets as of July 30, 2016.

Resale condo sales:

  • Edmonton is the clear leader, with 2,625 sales from 6,295 listings, reports the Edmonton Real Estate Board.
  • Calgary saw 1,669 sales from 4,489 listings, reports the Calgary Real Estate Board. (The Board says condo sales in Calgary are at the lowest level […]