tag:blogger.com,1999:blog-7588496932754350322.post106274978131108417..comments2023-09-10T03:39:48.166-07:00Comments on Alberta Bubble: Interesting Times....Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7588496932754350322.post-24773563914842378052007-05-15T14:03:00.000-07:002007-05-15T14:03:00.000-07:00It seems like every house I looked at (or entered ...It seems like every house I looked at (or entered a failed bid on) a year ago is now renting or for sale for the old price plus $150,000 (not sure why, but that seems to be the standard). <BR/><BR/>The rents look pretty close to the carrying cost of the mortgage (assuming 10% down and 20 year amo and the mls price I did not get the house for). Anyone have thoughts on this...are these landlord buyers liekly putting more money down or amortizing over longer periods? Becasue with taxes and upkeep, I don't see how people are making money off this. Are they renting at a loss? Any thoughts?ronniehttps://www.blogger.com/profile/08647402568132078965noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-77797931511450213732007-05-13T21:54:00.000-07:002007-05-13T21:54:00.000-07:00The federal Liberals are now ahead of the Tories i...The federal Liberals are now ahead of the Tories in the polls with the NDP a strong third (17%). A Liberal/NDP government would enforce the Kyoto Accord which would mean hardship for Alberta's carbon-based economy.<BR/><BR/>Kyoto == NEP2pomegranatehttps://www.blogger.com/profile/05007835476635161873noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-53873405803821777922007-05-10T10:32:00.000-07:002007-05-10T10:32:00.000-07:00I separated at perhaps the worst time last year, o...I separated at perhaps the worst time last year, oh well.<BR/>I remember looking for a rental unit and the lineups. I did find one; admittedly the price was a little high.<BR/>I just posted an accommodation advertisement to prepare for my next move. Within one day I received two emails and 2 phone calls. Checking the online rentals shows a 10 to 20% drop in many of the comparable adds to last year. Some are still hanging in for their higher rates however, there seems to be an increasing number of rentals for "Immediate" possession.<BR/>I'll leave the interpretations to the wise, I'm just an observer.<BR/><BR/>Cheers.MorningReggaehttps://www.blogger.com/profile/15933093103931326765noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-92106368566120935512007-05-09T14:33:00.000-07:002007-05-09T14:33:00.000-07:00Thats not too bad of a rental find. Its a new bui...Thats not too bad of a rental find. Its a new building, 1000 sqft underground parking insuite laundry. Is the rental market stabilizing? Is vacancy still ~1% ?<BR/><BR/>Also newer developments tend to have a lot of listings. Check southside neighborhoods for signs. I think inventory is coming back to average and not excessively high... yet. Sales will need to drop. There could be some more lending tricks yet to keep sales high.<BR/><BR/><A HREF="http://www.cibc.com/ca/focus/spring-lending-2007/mortgage-offers.html" REL="nofollow">Major bank offering a teaser introductory rate. </A>BearClawhttps://www.blogger.com/profile/15714953167582532109noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-3836588824249602932007-05-09T13:59:00.000-07:002007-05-09T13:59:00.000-07:00The answer is 9 for sale signs.The answer is 9 for sale signs.Gloria Whitehttps://www.blogger.com/profile/15517583849097532124noreply@blogger.com