Uncertainty figures into forecast for Denver commercial real estate

Uncertainty figures into forecast for Denver commercial real estate This year appears to be one of uncertainty for commercial real estate in metro Denver, according to a new report by CB Richard Ellis Inc.’s Denver office. Volatile capital markets, tougher lending standards and 2008 being a presidential election year are among the trends that will …

Alberta real estate sales increased in 2007 [Canada]

Alberta real estate sales increased in 2007 [Canada] Alberta ended 2007 with $25.5 billion in residential MLS sales, up 19.9 per cent compared with 2006, according to a report released Monday by the Canadian Real Estate Association. The report also said that overall sales were down by 3.9 per cent last year from a year …

The changing face of real estate

The changing face of real estate It’s no secret that today’s consumer is more equipped with information than ever before. From EBay, Google and blogs, to online retailers and consumer advocacy sites, buyer behaviour has never been so fragmented, yet thorough. Gone are the days when you would walk into a store, do a few …

Canadians nervous about buying U.S. real estate

Canadians nervous about buying U.S. real estate While sunshine states such as Florida and Arizona have long enticed Canadians to purchase their winter retreats in warmer-weather American cities, the uncertainty clouding the U.S. housing market now has many Canadians favouring properties north of the border. And the mountain resort of Canmore is a “coveted recreational …

State 3rd in foreclosure rate [Michigan]

State 3rd in foreclosure rate [Michigan] Michigan’s foreclosure rate ranked third nationwide for 2007, according to data released Monday by RealtyTrac Inc. The Irvine, Calif.-based foreclosure Web site reported that 1.9% of Michigan’s households entered some stage of foreclosure during the year. The company counted 136,205 foreclosure filings on 87,210 properties, a 68% increase over …

Path to wealth is through real estate holdings

Path to wealth is through real estate holdings Sorry, folks, this is not a get-rich-quick book. Still, you may be richer than you think, write authors Catherine McBreen and George Walper Jr. in Get Rich, Stay Rich, Pass It On. More than 7 million American households today claim total assets of a million dollars or …