January 2007 - Posts
With only two more days to go, we can look at the stats to Jan 29 and do our pre-post-mortem on this month(Dec 31 price is in brackets): SFH Condo Combined Avg price 417,942 (396,870) 285,565 (281,459) 374,026 (361,640) Median price 373,000 (361,000)
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Turns out that bidding wars were not dead. Just in hibernation. It's like someone's flipped a switch. Could this really be happening again? It's starting with single family homes. For Single Family Homes sold over the past 7 days(Jan 16 -
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I am pleased to see some comments in my previous blogs which are touching on quality of life issues. I had three opportunities to get into traffic accidents yesterday because of other drivers. I've walked out of stores numerous times because of no
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The price of oil briefly dipped below $50 today and closed at $50.30. My sources tell me that it would have to drop to $40 before tar sands development becomes uneconomical. This Calgary Herald story says "Despite the trending down, we think it's
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Pending sales are transactions which have not become firm sales. They are usually conditional to the buyer obtaining financing or doing a home inspection. When I post my average price for yesterday's sales, the majority of those transactions were
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A story in the Calgary Sun says that increased house prices can be offset by more creative financing options. http://calsun.canoe.ca/Business/2007/01/03/3153283-sun.html A few snippets from the article: " It was the year of interest-only mortgages,
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