Monday, March 09, 2009
New Kamsack Real Estate at Snap Up Real Estate Canada
If you have a company and would like an opportunity to advertise on the Kamsack real estate city page, please feel free to contact Snap Up Real Estate Canada for more details. We offer an affordable, measurable, and effective advertising solution for your business.
Sunday, March 08, 2009
Wainwright Real Estate City Page Added to Snap Up Real Estate Canada
Advertising is available on the new Wainwright, Alberta page. If you are interested, you can contact Snap Up Real Estate Canada for more details.
Saturday, March 07, 2009
White Rock Real Estate for Sale on Snap Up Real Estate Canada
You can find properties for sale all across Canada at Snap Up Real Estate. Let us know what you think of the new White Rock, BC real estate page. Please post a comment.
Sunday, September 28, 2008
Real Estate For The Well To Do Is On The Slide
"Cautious, price-sensitive purchasers are now weighing their options, waiting as long as six months for the right property to come along," the report says. "Properties that are priced well will sell, while those that are priced too high will linger."
Although people who buy an upscale house generally have deeper pockets than those buying an average home, factors that influence their decision are largely the same, said Lowell Martens, a realtor with Re/Max Mountain View. Article.
Free Real Estate Listings.
Tuesday, September 09, 2008
Real Estate In Canada Is About To Take A Plunge
To analyze whether housing prices are overvalued, the researchers looked at current house prices in nine major Canadian cities. They compared these prices to their own calculation of what a balanced market price should be, derived from the relationship between house prices, rents and the cost of investing in housing in each market.
The study warned that the potential for price declines is greatest in cities that have a large supply of unsold inventory or a mismatch between the number of units and the number of households ready to occupy them.
Somerville concluded that only in Toronto are prices in balance with rents. In Halifax, Montreal, Ottawa, Regina and Winnipeg prices would need to drop by at least 20 per cent to be in balance, while Calgary and Vancouver would require a 7 to 11 per cent drop in prices to reach the study's equilibrium level. But the study found in Edmonton prices are actually below equilibrium, by 8 per cent... Article.
Monday, July 21, 2008
US Bargain Real Estate
Attention, real estate shoppers: the entire U.S. sunbelt is now officially on sale. Prices in many areas of Florida, Arizona, Nevada and California have dropped 40 per cent from their peaks of a couple of years ago, to the point where the deals seem nearly too good to be true. In Naples, Fla., a three-bedroom, two-bathroom home that sold for $350,000 in 2007 is on the market for only $200,000. A starter home in Sacramento, Calif., that sold for $215,000 in 2004, is on offer for a mere $129,000. And remember: these aren't sale prices. They're asking prices. Article.
This means that in a couple of years your average Albertan can sell there home in Edmonton or Calgary for $500K, then move to sunny California and buy a home for $100K. This is an exaggeration of course, but if the trend continues any longer that 2012 it will be the reality.
Tuesday, July 15, 2008
Real Estate In Canada Is Continuing Its Cooling Trend
New house prices rose in May at their slowest pace in almost six years, a further sign that Canada's real estate market is cooling, particularly in Alberta and British Columbia.
Prices rose 4.1 per cent in May from a year earlier, down from 5.2 per cent in April and the weakest since the 4 per cent registered in July, 2002, Statistics Canada said Friday.
On a monthly basis, prices remained unchanged between April and May.
Statscan said the May showing continued “a deceleration that started in September, 2006, due mainly to the softening market in Alberta and British Columbia.”
Saskatchewan continued to see the biggest increases. In Regina, for example, home prices rose 30.4 per cent, and in Saskatoon 30.2 per cent. Still, Statscan noted, Regina's showing slipped from 34 per cent in April and Saskatoon's from February's record 58.3 per cent.
In Alberta and British Columbia, the impact was noticeable. Article.
The Price Of Thunder Bay, ON Real Estate Is On The Rise
The price of Thunder Bay real estate is on the rise. Traditionally the city was home to some of the most affordable homes in the country, but market conditions have changed and prices are climbing.
The president of the Thunder Bay Real Estate Board says home prices in the city are up four to five percent from last year and the shortage of homes on the market is largely responsible.
John Litt says the average price for a house in Thunder Bay right now is in the $120,000 range and people who already have houses seem to be content with what they have and are sitting tight.
So it's the best of times of times and the worst of times depending on whether you are trying to buy or trying to sell a home.
Thunder Bay's housing market has become a major seller's marketplace and those looking to buy a house are finding a lack of good, affordable homes or are encountering an all-out bidding war or must rush to close a deal. And with market analysts predicting current trends to continue, that's forcing prospective buyers to think later or be left in the dust. Article
Tuesday, June 24, 2008
Real Estate In Canada Has Been Taking A Bit Of A Hit Lately
To help us gain an even better sense of a city's Value, we looked at local wages and figured out the number of years of average household income that it would take to purchase the typical local home. We downgraded communities where local residents couldn't afford to buy homes easily; we gave highest marks to cities where they could. Our reasoning was that places where homes are affordable are places where real estate prices are solidly rooted in economic fundamentals and are therefore unlikely to plunge. The differences between communities can be huge. In Regina, a typical family needs two-and-a-half years of income to buy a home; in Vancouver, a typical family needs nearly eight years of income. Talking strictly in terms of bang for buck, Regina is a much better place to buy. Full Article.
Some of the top performers were: Regina, Saskatoon, Winnipeg, Edmonton and Vancouver.
Snap Up Real Estate Canada Is Growing
Niagara Falls, Thunder Bay, Windsor, and Langley are all new additions to our city page index. If you have any comments of suggestions for the pages feel free to let us know.





