Today I’d like to share an article written by Atlanta realtor Hank Miller. It’s great to share information, especially when it’s useful and quality information!
Never forget the simple rule that cost does not equal value with home improvements. In fact, this may be the single most difficult point for both home sellers and home buyers to understand. It resonates not only with real estate but with everything from a bottle of wine to cars to clothes.
First rise in Montreal housing prices since 2010 Via Financial Post
Low loonie and strong U.S. economy should offset weak Quebec economy, Royal LePage predicts;
Latest news on Montreal home prices Via cbc.ca
Home prices in the greater Montreal area had the lowest increase among metro areas in Canada in the last quarter of 2015, just 2.3 per cent higher than they were in the same period in 2014. The median price of a home in the region was $340,200 in the last trimester, according to the latest house price survey by real estate company Royal LePage.
Although this article was written in 2013, it still provides a flavor for some of the reasons Montreal becomes a choice for foreign investors!
Via Bloomberg Business
Sales of homes worth $1 million or more heated up in Toronto and Vancouver last year as the low loonie fuelled demand from foreign buyers, a new report released Thursday … Via The Montreal Gazette
There are very interesting and far less dire details behind the headline warning this week that new condo investments were money losers. Single-detached homes in the $2-million-to-$3-million range were down 50 per cent in Toronto and 22 per cent in Vancouver.
I don’t know if you had a chance yet to see the movie “The Big Short” based on the book by Michael Lewis. I highly recommend it, the movie was very well done and it’s enlightening in an awful kind of way. One of the characters portrayed in film who foresaw what most people did not, has this to say about the future;
Article by Jessica Pressler for New York Magazine
If The Big Short, Adam McKay’s adaptation of Michael Lewis’s book about the 2008 financial crisis and the subject of last month’s Vulture cover story, got you all worked up over the holidays, you’re probably wondering what Michael Burry, the economic soothsayer portrayed by Christian Bale who’s always just a few steps ahead of everyone else, is up to these days.
Please take the two minutes to watch this video, I promise you won’t regret it. Our planet is beautiful, sacred and magical and we must do all we can to protect it…..
Enjoy the video narrated by David Attenborough for the BBC
Originally uploaded by the BBC on Dec 7, 2011 on their youtube channel: youtube.com/bbc re uploaded for everyone thats not located in the UK and can’t view it there. So, here you go: Original description https://www.bbc.co.uk/bbcone/ A celebration of Natural History on BBC One with David Attenborough.
Great informative article by Ozziie Jurock
Photo by Vanelibg
At the World Outlook Financial Conference Ozzie always gives 40 or so best recommendations for the following year. Including but not limited to the 5 Best towns in Canada, BC and Alta and the best 5 with suburbs US for investment … as well as their suburbs.
Via CREA posted by THE STAR
OTTAWA – The Canadian Real Estate Association expects average house prices in Alberta, Saskatchewan and Newfoundland and Labrador to fall next year because of the downturn in the oil industry. The association is estimating Alberta’s average housing price will fall in 2016 by 2.5 per cent.