ALBERTA REAL ESTATE LICENSE PARKING

The Bank of Canada has reduced the qualifying interest rate, AGAIN.    This qualifying rate applies to anyone who is seeking mortgage financing and is taking a term of less than 5 years.    The qualifying rate as of today has changed to 5.24% for terms less than 5 years.  This still seems somewha...

Google Penguin Update Killed Your Real Estate Website? FIX IT   So by now many of you have discovered that when you search in Google for "Your town + real estate" some of the top search engine results have drastically changed.  Many of the most popular and top ranking real estate websites have no...

HIGHLIGHTS OF THE WEEK United States •    Details of the huge shadow inventory of vacant foreclosed real estate is starting to shake prices.  There is speculation that as these homes now come to the market in higher numbers that they will push down prices further and increase the supply of proper...

Effective today, the Bank of Canada has raised the "qualifying interest rate" from 5.24% to 5.44%   What does this mean for Canadians who are looking to buy real estate or finance a home?   In an attempt to steer people into longer term mortgage commitments, the Bank of Canada has set an arbitrar...

When I see things such as:  "AGF Trust is offering two 5 Year Fixed Quick Close options at reduced commission rates" show up in my inbox I cannot help but to cringe.  I realize that the lenders in their limited wisdom are attempting to provide us with a tool to avoid losing business to others suc...

     Recent studies of the US and Canadian real estate markets presents a tale of two markets on distinctly different paths.  While the global economy continues to struggle, the opinions and predictions of what 2012 holds in store for the real estate market of each country is quite interesting.  ...

Canadian home sales pull back in January OTTAWA – February 15, 2012 –      According to statistics[1] released today by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011. Highlights: Home sales...

Here is a great reblog of an article that discusses the statistics of a typical real estate client.  It is important that real estate professionals understand who their clients are and changes in the evolution of the client.The Mass Association of Realtors released a profile of the typical buyer ...

Here is a great article that has stats and commentary by some of the leading insiders and followers of the US real estate market.  It is interesting to see some of the actual numbers and to hear the interpretations of it.Real Estate Recovery or Not?2012 Predictions By the Pro’s Infographic Data, ...

Wow, I have been so busy the past while helping others with their business that I have neglected to spend adequate time on my own business it seems.  Crazy that this is exactly what I tell others to avoid doing.  So what is one to do but get right back at it and to pick up where they left off.  T...