Real Estate News & Articles

Good news: Foreclosures down 10%; state-by-state chart

2009-02-12

Stephanie Armour USA Today Foreclosures dropped in January, a possible sign that efforts to slow foreclosures through moratoriums and mortgage modifications are having some effect. Foreclosure filings — default notices, auction sale n…

Twitter & Facebook are the new social media venues to market Real Estate

2009-02-12

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Twitter & Facebook are the new social media venues to market Real Estate

2009-02-12

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West End Apt. Buildings Price Per Door has fallen $50K from $239K in 2007 to $183K in Oct 2008

2009-02-12

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West End Apt. Buildings Price Per Door has fallen $50K from $239K in 2007 to $183K in Oct 2008

2009-02-12

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No one home: 1 in 9 housing units vacant

2009-02-12

Haya El Nasser and Paul Overberg USA Today Two houses with discontinued construction surround an empty lot, next to a finished home, in Miami on Jan. 22. A record 1 in 9 U.S. homes are vacant, a glut created by the housing boom and subseque…

More people thinking about buying real estate

2009-02-12

But majority say it's not a good time to sell property Derrick Penner Sun A growing number of British Columbians think this is a good time to buy a home, though most say it isn't a good time to sell, a new Ipsos Reid poll has found. The pol…

Home Sales in BC will tumble another 19% in 2009

2009-02-10

Average prices to drop 0.6 per cent to $404,000 Province B.C. is expected to post the country's steepest drop in house sales in 2009, the Canadian Real Estate Association says. Home sales in B.C. will tumble 19.2 per cent in 2009 to 55,700 …

Home sales forecast to slide back to 2000 levels

2009-02-10

Prices are expected to fall in 2009 and then rebound slightly in 2010 Garry Marr Sun The average price of homes sold in 2009 is expected to decline slightly, then recover in 2010. Photograph by: Steve Bosch, Vancouver Sun, Files, Financial …

Housing starts halved in January

2009-02-10

Builders responding to slow sales Derrick Penner Sun January saw Metro Vancouver builders start work on fewer than half the number of new homes they started in January 2008, a sign of things to come in 2009, according to Canada Mortgage and…

Los Angeles Foreclosure Alley Video - A must view

2009-02-10

Other This video about foreclosed homes in California is 12  minutes long, but is well worth watching.   http://www.silverbearcafe.com/private/11.08/foreclosure.html

Bosa Propoerties on firm footing in White Rock

2009-02-10

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Los Angeles Foreclosure Alley Video - A must view

2009-02-10

Other This video about foreclosed homes in California is 12  minutes long, but is well worth watching.   http://www.silverbearcafe.com/private/11.08/foreclosure.html

Los Angeles Foreclosure Alley Video - A must view

2009-02-10

Other This video about foreclosed homes in California is 12  minutes long, but is well worth watching.   http://www.silverbearcafe.com/private/11.08/foreclosure.html

Don't fall into pitfalls of renting out a condo

2009-02-08

Inadequate insurance, violations could cost you dearly Tony Gioventu Province Renting out a strata lot for short financial benefits might be very attractive for many strata owners in B.C. during the 2010 Olympics. There are three parties th…

Garages turned into mini-houses 'have potential to transform entire neighbourhoods'

2009-02-08

A suite new place to park yourself Kate Webb Province Smallworks designs its coach houses, which all come fully finished, in three styles: contemporary, arts-and-crafts and west coast. Fertile ground for a big idea about to be showcased at …

Let your happy light shine

2009-02-07

Sun GoLITE PI, Philips Home Healthcare Solutions SnorePro, HBI-USA GoLITE PI, Philips Home Healthcare Solutions, $190 If Groundhog Day came and went and you wanted to crawl back into a burrow, it may be time to break out the light therapy. …

Downtown tower, Interior homes generate Georgie news

2009-02-07

Sun The receipt of a gold medal by a smaller and newer competitor in the multi-residence categories of the annual Georgie competition organized by the Canadian Home Builders' Association of B.C. is a rarity. This year, however, a tower by a…

Lessons learned from tough times

2009-02-07

Opportunities can disappear quickly Bob Ransford Sun It is often said that the best lessons are learned during the toughest times. Well, during this, the fourth cyclical downtown in housing prices and sales in the last quarter century, let …

NEW-HOME CHOICE WILL BE LIMITED THIS YEAR AND NEXT -- BUT IT'S BEEN WORSE, 20-YEAR RECORD SHOWS

2009-02-07

Sun A median value is that value with half the values above it and half below. In the 20 years before this one, 32,400 is the median number of homes, attached and detached, started every year by B.C. builders. (And 30,400 is the average num…

Canadian banks are typically leveraged at 18 to 1--compared with U.S. banks at 26 to 1

2009-02-07

Worthwhile Canadian Initiative Other The legendary editor of The New Republic, Michael Kinsley, once held a "Boring Headline Contest" and decided that the winner was "Worthwhile Canadian Initiative." Twenty-two years later, the magazine was…

Onni suing 20 Purchasers for not completing their Aria 2 Project in Port Moody - Buyer Lou & Donna Skoda saying developer did not deliver amended disclosure statement

2009-02-06

Couple tried to renegotiate deal after existing home didn't sell Derrick Penner Sun Vancouver Sun / Lou and Donna Skoda couldn't sell their apartment to raise the money to close on their Aria 2 purchase in Port Moody, behind them. Lou Skoda…

Couple sue house's ex-owners & realtors for former grow-op that they bought in rural Quesnel

2009-02-06

House's ex-owners, realtors subject of suit concerning rural property Keith Fraser Province Joe Brown, 68, and Pauline Stone, 71, stand under one of many damp patches on their ceiling Thursday in Quesnel. The couple have been living in the …

Taking aim with Cupid's cutlery

2009-02-05

Mark Laba Province Francis Regio of Tapastree with an antipasto platter. Photograph by: Les Bazso, The Province I always thought Saint Valentine was a guy but you could've slapped me upside the head with a dead platypus and I wouldn't have …