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Canada Real Estate Crisis www.Paulhatfield.ca

admin — Tue, 20 Dec 2011 23:00:22 +0000

What happened to Canada’s real estate crisis?
Canadian home sales outlook upgraded despite continued uncertainties.
There was no shortage of headline news in October about global financial market volatility and economic uncertainty. But it doesn’t appear to have dampened homebuyers’ spirits,” notes Gary Morse, president of the Canadian Real Estate Association (CREA). “Interest rates are at low levels and are likely to stay that way for some time to come, [and] homebuyers clearly see opportunities.”
CREA itself was one of those experts fooled. Earlier this month the organization was forced to boost its forecast for home sales activity, via its Multiple Listing Service, for both this year and next. CREA now expects that 453,300 homes will be sold this year, up from its earlier prediction of 446,915 units. That would bring the increase in home sales up from 0.9 per cent to 1.4 per cent.
Continued strength in residential real estate data
The Canadian housing industry seems to be performing well all around. Home sales edged up again in October to their highest level since January. In addition, the average price of homes sold in October (actual, not seasonally adjusted) came in at $362,899, a 5.5 per cent increase since the same month last year. While this was the smallest increase this year, the momentum is in the right direction, far better than in the United States where the housing market has yet to show convincing signs of bottoming out.
With continued strong resale activity and pricing, it should come as no surprise that homebuilders have also been active. According to the Canada Mortgage and Housing Corporation, housing starts came in at 207,600 units last month on a seasonally adjusted annualized basis. While that total is down slightly from the 208,800 units started in September, the number is unusually high. That’s true compared to other western economies where construction has been seeing hard times relative to historical averages and with regard to traditional demographic trends, such as immigration and new household formation, which create annual demand for about 175,000 new units, far below current construction levels.

Affordability remains strong
As CREA’s Morse noted, part of the reason for continued demand stems from housing affordability trends, which remain positive. Just how positive was confirmed by RBC Economics earlier this month when it released its quarterly “Housing Trends and Affordability Study,” which concludes that uncertainty overseas might actually have had somewhat of a positive effect in Canada.
“Developments related to the [European sovereign debt] crisis likely provided some benefits in the form of lower interest rates,” concludes Craig Wright, the financial group’s chief economist. “For instance, fixed mortgage rates [on a five-year, posted basis] eased to 5.3 per cent during the third quarter of 2011, from an average of 5.6 per cent in the second quarter.”
In addition, the Canadian economy continues to perform well relative to other western economies. Despite a drop last month, job growth remains positive, inflation is under control and gross domestic product remains on an upwards trajectory.
Yet despite the Canadian residential real estate sector’s continued strength, homeowners and shoppers would do well to remain vigilant, says one expert. “The combination of Europe debt crisis and the U.S. Super Committee failure [to reach a budget cut deal] has spiked financial and economic uncertainty,” notes Sherry Cooper, chief economist at BMO Capital Markets. “All businesses and households are impacted by these developments, even in stable, prudent Canada.”
Those concerns were echoed in late November by the Organisation for Economic Co-operation and Development, or OECD, which significantly weakened its economic outlook for the country, due in part to slower household spending and moderating demand for Canadian exports. However, judging from continued strong home prices and sales, that message does not seem to be fully getting through.
For now, in Canada it seems like business as usual, with housing sector stakeholders asking themselves, “Crisis? What crisis?”
Peter Diekmeyer is Bankrate.ca’s economics columnist.

Duration : 0:1:41

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Property Focus: Is the market really flat?

admin — Sun, 18 Dec 2011 10:37:12 +0000

This week on Property Focus, James Mitchell journalist for Smart Property Investment is joined by chair of the Property Investment Professionals of Australia (PIPA) Margaret Lomas to discuss whether or not the Australian property market is really flat. Ms Lomas claims that their are multiple property markets in Australia, with each one performing at a different rate.

Duration : 0:2:37

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BULK REO PACKAGES LET YOU TAKE THE MONEY FROM THE BANK

admin — Mon, 12 Dec 2011 07:47:05 +0000

http://www.realestateinvesting-gurureview.com/bulk-reo.html Push the banks to the limit with bulk reo packages. Build your real estate investing portfolio overnight. Bulk reo packages are bundled foreclosure reo property that
banks own. A bulk reo package is also referred to as a tape. The tape is nothing more than an excel spreadsheet list of the reo property. Banks need to to move the reo property to maintain regulatory and liquidity requirements. Work directly with major banks and hedge-funds that are unloading large blocks of bulk reo packages. National, region, state, county, and city bulk reo packages are available.

Bulk reo packages are attractive because of the large profit potential with little competition.Most real estate investors don’t understand how to make money with bulk reo packages & many are terrified of them. How can you reduce the risk involved with bulk reo packages? Invest in brokering reo property deals- flip a
large group of reo property from a seller to a buyer and capture a spread. It is wholesaling but on a large scale. Buying reo property may sound complicated but essentially all you need is a computer, phone, & fax to start investing today. Get the details about buying bulk reo packages at http://www.realestateinvesting-gurureview.com/bulk-reo.html

Stay up to date with innovative real estate investing programs, courses, software, and technology, that are built to take advantage of opportunities in today’s market. Get the power to grow your real estate business with strength and certainty. Visit http://www.realestateinvesting-gurureview.com today and get your FREE Where’s My Money? Real Estate Investing software to analyze the deal fast, easy, and automatically.
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Duration : 0:2:21

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Las Vegas High-Rise Condo Update – October 2011.

admin — Fri, 11 Nov 2011 16:44:23 +0000

As the Las Vegas real estate market (as a whole) looks to find its footing, the niche of high-rise condos (both condotel and residential buildings) continues to stand its own ground. In this fast-paced, full-of-info vlog, Celebrity Real Estate Agent Aaron Auxier shares insight and inside hookups regarding both the resale and brand new developer-owned unit market.

Auxier discusses the latest news on projects such as Allure Las Vegas, Cosmopolitan Resort & Casino, The Martin, Turnberry Towers, Panorama Towers, Palms Place, Signature at MGM Grand, One Queensridge Place, Mandarin Oriental, Vdara, and Veer Towers at CityCenter, Newport Lofts, The Ogden, Soho Lofts, and Park Towers.

To round things out, Auxier also discusses the 61-acre parcel downtown known as “The Jewel of the Desert” and/or Symphony Park. This very special development is home to the Lou Ruvo Institute for Brain Health (partnered with the Cleveland Clinic) and The Smith Center for Performing Arts (which is set to open in 2012 while offering Broadway caliber plays).

Duration : 0:13:51

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Property Management,Miami Dade,Broward,Palm Beach,Fl

admin — Thu, 03 Nov 2011 17:12:13 +0000

Customized care and attention to detail is what sets http://www.SplendidPropertyManagement.com apart from its competitors. We are a fully insured company that specializes in the management of multi family homes, condominiums, HOAs, rentals, hotels, motels, commercial buildings, and absentee ownership properties. No property is too small or too large for us to manage.
Our team has been in the hospitality industry for over thirty years. We have experience working with Community Association Boards, performing property renovations, and conducting real estate sales.
Property Maintenance Management
Create and implement a preventive maintenance program
Schedule and perform maintenance inspections
Oversee on-site custodial personnel
Landscaping services
Preventive maintenance
Vendor selection
Respond to, and track all maintenance requests in a timely manner
Management / Administrative
24/7 Access to all documents and Association Information (via the Internet)
Handle purchase and lease applications, provide a detailed monthly report of all activity.
Newsletters
Budget
Process accounts payables and receivables
Reconcile accounts
Monthly financial reports
Online payment access
Send delinquency notices and violation letters
Progress reports
As quoted from an entry out of Websters Dictionary the word Splendid can be used in many different ways. At Splendid Property Management we strive to truly define what the word Splendid means through our work ethics and communication skills. We cater to residential/commercial properties as well as homeowner and condo associations. Each and every customer gets treated with the upmost respect and we honor the opportunities given to our company. There are many property management companies to choose from but we stand out from the herd by giving you detailed quality work that you can be completely satisfied with.
Step inside our website for a tour of what a Splendid day looks like.
Splendid Property Management, LLC 100 E. Linton Blvd. #206B Delray Beach, FL 33483 Office: 561-330-3452 splendidpropertiesllc@yahoo.com http://www.splendidpropertymanagement.com Production: http://www.alekus.com Be Video Smart support@alekus.com

Duration : 0:2:47

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ANALYZE THE DEAL FAST, EASY, AND AUTOMATICALLY WITH REAL ESTATE INVESTING ANALYSIS SOFTWARE

admin — Tue, 01 Nov 2011 02:46:06 +0000

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Duration : 0:2:49

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Non Performing Assets

admin — Thu, 27 Oct 2011 17:26:17 +0000

How to change your life with real estate and real estate investments

Duration : 0:0:38

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La Verne Realty, Realtor, Real Estate, Homes for Sale, House, Foreclosure, HUD

admin — Fri, 14 Oct 2011 19:11:06 +0000

http://ginamoga.com

Anative of Upland CaliforniaGina Moga, along with her family, lives locally and isvery familiar with the Foothill communities of Los Angeles and San Bernardino Counties. Herspecialties in real estateinclude residentiallistings,estate sales,probate, divorce salesandtrusts.

Hertrue dedication is to her clients, and their satisfaction has been the most important aspect of Gina’s successful business. Being in the top 2% Nationwide of sales for the past several years reinforces that belief.

Gina serves clients in Upland, Rancho Cucamonga, Ontario, Chino, Chino Hills, Montclair, Claremont, La Verne, San Dimas, Fontana, Alta Loma, Glendora, Diamond Bar, Azusa, West Covina, Covina and the Inland Empire

Call Gina today at 909-292-7163

Duration : 0:2:6

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Amy O’Mara | Agent Profile | Cunninghams Property

admin — Thu, 22 Sep 2011 04:03:09 +0000

Amy O’Mara combines a genuine passion for property, a peerless commitment to client service and an unmatched level of energy and enthusiasm, and it shows in her results. Energy and enthusiasm define Amy’s way of life and a long term personal interest in real estate adds to her exceptional aptitude for the industry. She has phenomenal attention to detail as she previously worked in the graphic design and marketing industry. This experience combined with a high service ethic has given Amy the definite and philosophical tools to excel in the property industry. Amy’s people skills and continued success in real estate are due to her strong commitment to maintaining an exceptional level of service and professionalism.

Amy has teamed up with Andrew Lutze and they have worked together in a partnership for the past few years. As two high performing agents, both are extremely dedicated and passionate about the Real Estate industry. The vibrant duo combine their mutual interests with their individual strengths and provide their clients with a powerful approach to real estate. Amy provides a real balance to the team with her empathetic approach to their clients. As a team, Andrew and Amy provide a true complement to each other. She loves nothing more than bringing buyers and sellers together and helping them work through the process to achieve their goals.

Outside of work, Amy is a road racer currently competing in the 2011 Australian Superbike Championship and the Formula Xtreme Championship. Yamaha Race Team have supported her for the last two years aboard her Yamaha R6. She will be racing a bright pink Yamaha R6 and Yamaha R1 motorcycle and is racing on behalf of the Mcgrath Foundation which she will be raising money at every event to go towards the funding of Breast Care Nurses and also to raise awareness for Breast Cancer research in finding a cure for the disease. She has set her sights high to achieve a spot in the top places this season! A goal she may well attain if her past performances in work and play are anything to go by.

0418 202 285
Email: amy@cunninghamsproperty.com.au

Duration : 0:2:26

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HUD, Foreclosures in Inland Empire

admin — Wed, 21 Sep 2011 03:40:12 +0000

http://ginamoga.com

Call Gina today at 909-292-7163

Duration : 0:2:9