Foreign ownership debate
Foreign ownership not a good thing. The foreigner pays the money to a Vancouverite who spends it here. Local speculation may be the culprit. The debate on the Jurock Real Estate Insider Hotline www.factsbyemail.com
Facts By Email -May 22 – May 29, 2015 #19
"I never used that word, retire." -B.B. King Facts by Email BUYERS TOOK OUR TOWNHOME PROJECTION TO HEART DON'T TRUST THE DEVELOPER IN PRE-SALES HIGHLIGHTS OF CREA'S NATIONAL HOUSING REPORT CASHING IN ON AGRICULTURE LAND RESERVES CONFERENCE BOARD SEES RECESSION IN CALGARY MANITOBA 2015 RENT INCREASE: 2.4% MORTGAGES WILL STAY LOW UNTIL 2017 UPDATE: OFSI
Hot Tip – Foreclosures in Calgary?
They are showing up. Some private listings claiming foreclosure are turning up on Calgary's Kijiji (we counted 32 this week) and Craigslist, but they may not be true court-ordered sales. Calgary realtor Stephen McDonald of CIR Realty, (403-680-0799) which handles foreclosures, counted a total of 55 judicial listings of residential property and 60 'bank owned' listings within a one-hour drive of downtown Calgary this week. McKenzie Towne 2-storey detached house for $319,000. Here are two MLS: 1. Detached 3 bedroom house in NW Calgary, under a Court of Queen Bench foreclosure. 2. 1,044 square foot townhouse in SE Calgary. In foreclosure, offers to be presented to Court. More details at www.factsbyemail.com
Hot Property – Red Deer Condo
Investors: Red Deer 2 bedroom Condo 13.5% Return on Cash 1. Red Deer – 2 bedroom condo only $165,900. Tenanted with Positive Cash Flow. End unit in a concrete building next to a park and within walking distance to downtown. Truly turn key with optional rental management in place. 2. Kimberley, duplex up and down plus loft, 5 bedrooms, 4 full baths, 2 hot tubs both units fully furnished … great views … 200 yards from the quad chair – 2,400 income: only $399,000.
Facts By Email – May 14, 2015 – May 21, 2015 #18
"If opportunity doesn't knock, build a door." -Milton Berle !!!!! SUBSCRIBER SPECIAL LARGE DISCOUNT FOR 'THE REAL ESTATE ENTREPRENEUR POWER WEEKEND' May 23/24, 2015 THIS COMING WEEKEND - PLEASE USE SPECIAL OFFER BELOW ACT NOW!!!! OZZIE TALKS AT THE REAL ESTATE INSTITUTE OF CANADA ON MAY 28 - 'BOOM OR BUST'! DETAILS at Jurock.com THIS
Facts By Email – May 7-14, 2015 #17
"People who think they know everything are a great annoyance to those of us who do." -Isaac Asimov THIS WEEK'S FACTS BY EMAIL: OZZIE OPINES; BOM - CHANGING BAILOUT RULES (!?) ALBERTA ELECTION - 'ORANGE CRUSH' - AND EFFECT ON REAL ESTATE IN ALTA INTEREST RATES CANADIAN DOLLAR - LISTEN TO JOSEF SCHACHTER ON OIL
Facts By Email – April 29, 2015 – May 6, 2015 #16
"Greed is a basic part of animal nature. Being against it is like being against breathing or eating." -Ben Stein THIS WEEK'S FACTS BY EMAIL: JOIN THE REAL ESTATE ENTREPRENEUR POWER WEEKEND MAY 23/24 (LOOK BELOW) VANCOUVER AND FRASER VALLEY REAL E STATE HAD A ROCKING MONTH REAL ESTATE GIANTS STIRRING ON VANCOUVER ISLAND CONDO
Facts By Email – April 22, 2015 – April 30, 2015 #15
"Inflation is taxation without legislation." -Milton Friedman THIS WEEK'S FACTS BY EMAIL MARTY ARMSTRONG AND GREECE COMMENTS, QUESTIONS,QUESTIONS THE BUDGET, THE BUDGET ... CAPITAL GAIN BENEFITS FOR SOME CANADA'S TWO HOUSING MARKETS START AT FRASER RIVER GUESS MICRO LOFTS REALLY WILL SELL - IF BANKS WILL FINANCE THEM ROB MACDONALD GOES ALL IN ON CALGARY
Facts By Email – April 16, 2015 – April 23, 2015 #14
"The opposite for courage is not cowardice. It is conformity. Even a dead fish can go with the flow." -Jim Hightower REAL ESTATE ACTION GROUP INVITATION "Springboard to Real Estate Action" An Exclusive Workshop A special invitation - details below THIS WEEK IN FACTS BY EMAIL QUESTIONS, QUESTIONS CALGARY HOUSING: SALES SLIDE, INVENTORY SOARS -
Facts By Email – April 3-10, 2015
"Whoever said 'Practice makes perfect' obviously never played golf." -Anonymous THIS WEEK IN FACTS BY EMAIL QUESTIONS, QUESTIONS OTTAWA CONSPIRING TO KEEP LANDLORDS IN THE SWEET SPOT LOW RATES, FIRST BUYER RESTRICTIONS KEEP RENTAL MARKET PROFITABLE A TINY PERK OPENS FOR SAVVY VANCOUVER RENTERS VALLEY TOWNHOMES MAY BE PRIME FOR INVESTORS RIGHT NOW NANAIMO BLOODLETTING