Thursday, October 11, 2007

More of Same Old....

That is:
So what do all these suggest? Even though there's a realization that the market has changed, the hopes for a turnaround have not vanished. Yet.
That's why a lot of people are still renting out their 'second' or 'investment' properties for short term. In short, the waiting game is in play in Alberta and it is slowly going to cool down the fervency that once was the hallmark of Alberta real estate 'investors'.
Other than that, Seattle, the last bastion of 'real estate always goes up' (in the US) witnessed the first YOY drop and a significant drop in MOM prices in September.

Sorry for the long delay since last post;things have been super crazy at work.
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