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June 2010 - Posts

Great summer ahead
There's a wonderful summer in store if you are a realtor who enjoys lots of hiking, canoeing, and time off. Also, if you are a home-buyer who is looking forward to lower prices in the fall. For the first 23 days of June, sales are 39% lower than last Read More...
Unintended consequences
As interest rates rise, more people are selling their properties - and diving into rentals, driving up rents as well. When everyone becomes a renter, who will the landlords be? Read more in the Globe and Mail Homeowners sell, start renting instead Read More...
Blast away at the real estate industry and media...
…but don’t be a hypocrite The following quotes are from the moderator of "Alberta’s most popular real estate blog"(aka Edmonton Housing Bust): “and for the most part these ‘forecasts’ and ‘industry Read More...
Garth, no good deed goes unpunished nowadays
As a kindred spirit, I have a lot of empathy for Garth Turner and his blogging endeavours. It appears that even he feels the frustration that can beset you when you're a popular blog moderator. In case you missed it, here was his "apology" Read More...
Grim
The contest "How much will it sell for" is unceremoniously and prematurely over. The sellers have taken the Inglewood house off the market after 35 days. Rather than reduce the price, they are going to continue renting it out. We had five showings, Read More...