Wednesday, November 19, 2008

Where Ozzie Speaks In Alberta

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Vol 16, Issue 9 - October 2008

FEATURE STORY


Real Estate Outlook 2009: Finding A Future Amidst The Furore
As it was 20 years ago and 16 years ago (even 34 years ago), the fear is palpable in today's market. People are naturally afraid when they read current headlines, and then, as they cut back on spending, those fears become manifest. The market is what people think it is ... and what they hear/tell and retell about it.




THE NUMBERS, THE NUMBERS

This month's Real Estate Statistics, and what it means for you.



ALSO IN THIS ISSUE:

Rental Apartments: The Sleeper Market
The multi-family apartment rental market could represent today's best opportunity in the North American real estate market

Hudson Bay Mountain, Smithers
20/20 Properties of Vancouver has purchased Ski Smithers, the small ski resort on Hudson Bay Mountain.

Report Finds A Lot More Leaky B.C. Condos
There may be as many as 87,500 leaky condos in B.C., or about 20,000 more than those that have already be reported to the province.

Industrial Condos The New Play In Victoria
The average price of an industrial strata in Victoria hit a record $200 per square foot this summer, and is already higher in new projects, as tenants scramble to avoid spiraling lease costs.

Rec Property Will Remain Popular: Survey
A September Harris/Decima study in the recreational real estate sector uncovered significant interest in the purchase of leisure real estate properties among Canadians.

Trashing Out In The U.S. Foreclosure Market
The U.S. foreclosure scene is ugly, but it may soon peak.

Blast From The Past
Our quarterly review of the past tells the story like nothing else can.

Major, Major Point
The arguments for inflation and against and then for deflation and against ... ALL make sense. Arguments about the stock market soaring or further collapsing (aren't you glad you are not in it?) also make sense ... but all of it can drive you crazy. One thing is clear ... no one knows for sure.

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