More great bargains on Canadian Real Estate.
An 18 unit motel in Rainy River Ontario is for sale. You can live and work in paradise for the rock bottom price of $450K. This is a great deal for a money pumping commercial property, but you will have to live in a out of the way town.
Also available is a large home in Georgetown Prince Edward Island. This home has been renovated and is such a low price you would barely have to work, or you could just retire here.
Keep checking back for more great deals.
Tuesday, January 29, 2008
Check Out Our Latest Deals On Canadian Real Estate At Snap Up Real Estate
Check Out our latest deals on Canadian Real Estate at Snap Up Real Estate.
Vacation property in Southern British Columbia, a 5 acre paradise. Christina Lake.
A Lower mainland condo that you can afford to live in. Vancouver.
Remember that you can always list your home for free on Snap Up Real Estate.
Vacation property in Southern British Columbia, a 5 acre paradise. Christina Lake.
A Lower mainland condo that you can afford to live in. Vancouver.
Remember that you can always list your home for free on Snap Up Real Estate.
Sunday, January 27, 2008
Moody's Reports That All Sectors Of The Canadian Real Estate Market Are 'Green' Or Strong
All signs point to a strong Canadian real estate market. Moody's reports that all sectors of the Canadian real estate market are 'green' or strong.
In its latest Red-Yellow-Green (RYG) report for Canada, the ratings agency said each of the five market sectors in the country is 'green', that is strong, and shows greater strength than its US counterpart, with the sole exception of the commercial retail sector. Article.
Strong dollar, strong markets, low unemployment, Canada is staying strong during 'recession' woes of the US.
In its latest Red-Yellow-Green (RYG) report for Canada, the ratings agency said each of the five market sectors in the country is 'green', that is strong, and shows greater strength than its US counterpart, with the sole exception of the commercial retail sector. Article.
Strong dollar, strong markets, low unemployment, Canada is staying strong during 'recession' woes of the US.
Wednesday, January 23, 2008
Canadian Real Estate Is Not On The Same Path As The US
Do not be afraid of what is happening in the US with regards to real estate, Canada is not the same economic environment. Canadian real estate can expect to stay much stronger than the faltering US sector.
Canada's real estate sector fundamentals are stronger than those in the U.S., said Ed Boomer, managing director of Canadian operations for U.S.-based shopping centre owner and operator Kimco Realty Corp.
"I don't think we're becoming anxious about the Canadian real estate market," he said. "If you're a well-placed, cash-based opportunistic player I think you can do very well."
Some areas of weakness include hard-hit manufacturing centres, where industrial and retail properties may not be the best assets to invest in, Mr. Boomer said. Article.
US real estate is being hit hard with problems in the financial sector. In the next 36 months the US is going to see a very high mortgage default rate, making many properties available for cheap, this will not be the case in Canada.
Canada's real estate sector fundamentals are stronger than those in the U.S., said Ed Boomer, managing director of Canadian operations for U.S.-based shopping centre owner and operator Kimco Realty Corp.
"I don't think we're becoming anxious about the Canadian real estate market," he said. "If you're a well-placed, cash-based opportunistic player I think you can do very well."
Some areas of weakness include hard-hit manufacturing centres, where industrial and retail properties may not be the best assets to invest in, Mr. Boomer said. Article.
US real estate is being hit hard with problems in the financial sector. In the next 36 months the US is going to see a very high mortgage default rate, making many properties available for cheap, this will not be the case in Canada.
Friday, January 04, 2008
The Stats Are In For Snap Up Real Estate In 2007
Over 116000 unique visits in 2007. That is up from 10,000 in 2006. Almost a 12 fold increase in traffic. At this pace we will compete will Google in a few years. Dreams.
The first week of 2008 has seen search engines and directories increasing the amount of traffic sent to our websites. Real Estate in 2008 is expected to be a hot topic, which is great for us.
The first week of 2008 has seen search engines and directories increasing the amount of traffic sent to our websites. Real Estate in 2008 is expected to be a hot topic, which is great for us.
Tuesday, December 18, 2007
Canadian Real Estate Sets Another Record
Real Estate in Canada has set new levels for sales ina year by sales volume and dollar amount.
Canadian real-estate markets clinch early record
Derek Abma, CanWest News Service Published: Monday, December 17, 2007
OTTAWA -- With one month's activity still unaccounted for, the Canadian Real Estate Association said Monday that listed residential real-estate transactions in most major markets are already at record levels.
Data from the country's 25 biggest markets show 345,577 sales of existing homes in November through the Multiple Listing Service (MLS), which is 2.7% ahead of the previous record of 336,646 sales in 2005.
There was a seasonally adjusted level of 29,992 sales last month, up 3.2% from October. This was driven by increased activity in Vancouver, Toronto, Edmonton, Calgary and Saskatoon, CREA said. On an unadjusted basis, November sales were up 7.6% from a year earlier.
A monthly record for sales was reached in Newfoundland and Labrador, the second-highest number of monthly sales was recorded in Saskatoon and Regina, and Vancouver and Toronto both had their third-most sales ever in November.
"Sales activity continues to run strong, even if it is off its peak set earlier this year in nearly all major markets," CREA chief economist Gregory Klump said in a statement. "Demand remains strong due to continuing job and income growth, and upbeat consumer confidence. That is helping retain a seller's market in most major markets."
The average sale price was $332,807 last month, up 11.6% from a year earlier. That marked the seventh-straight month that prices were up more than 10%. Average-price records were set in Montreal, Quebec City, Victoria and Kitchener-Waterloo, Ont.
BMO Capital Markets Economics said these numbers "show that resale activity barely blinked in the face of the severe credit squalls in the fall." Financial Post Article.
Go Canada.
Canadian real-estate markets clinch early record
Derek Abma, CanWest News Service Published: Monday, December 17, 2007
OTTAWA -- With one month's activity still unaccounted for, the Canadian Real Estate Association said Monday that listed residential real-estate transactions in most major markets are already at record levels.
Data from the country's 25 biggest markets show 345,577 sales of existing homes in November through the Multiple Listing Service (MLS), which is 2.7% ahead of the previous record of 336,646 sales in 2005.
There was a seasonally adjusted level of 29,992 sales last month, up 3.2% from October. This was driven by increased activity in Vancouver, Toronto, Edmonton, Calgary and Saskatoon, CREA said. On an unadjusted basis, November sales were up 7.6% from a year earlier.
A monthly record for sales was reached in Newfoundland and Labrador, the second-highest number of monthly sales was recorded in Saskatoon and Regina, and Vancouver and Toronto both had their third-most sales ever in November.
"Sales activity continues to run strong, even if it is off its peak set earlier this year in nearly all major markets," CREA chief economist Gregory Klump said in a statement. "Demand remains strong due to continuing job and income growth, and upbeat consumer confidence. That is helping retain a seller's market in most major markets."
The average sale price was $332,807 last month, up 11.6% from a year earlier. That marked the seventh-straight month that prices were up more than 10%. Average-price records were set in Montreal, Quebec City, Victoria and Kitchener-Waterloo, Ont.
BMO Capital Markets Economics said these numbers "show that resale activity barely blinked in the face of the severe credit squalls in the fall." Financial Post Article.
Go Canada.
Labels:
Canadian Real Estate
Wednesday, November 28, 2007
A Nation Wide FSBO Company Is Expanding Efforts In Western Canada
A nation wide FSBO company is expanding efforts in Western Canada, at twice the price of Snap Up Real Estate. Canadian real estate is currently home to many 'for sale by owner' companies, DuProprio is one of the largest.
DuProprio has representatives in the Maritimes, Manitoba and B.C., but is waiting before jumping into Alberta, where two competitors are already active. Online services WeList.com and comfree.com are active in several Canadian provinces. For sellers, the website works like this: they pay a flat fee up front that varies according to location and type of property. The average fee is $400. (This will rise to $500 next year.) That fee buys sellers a website listing of six months to one year, depending on the type of property, and photos taken by a professional.Sellers get a customized poster for their lawn and online tools to help them write a description, prepare their home for sale and negotiate. A DuProprio sales representative visits about 90 per cent of clients to help set up a listing. Bouchard and his team talk to clients and the public through their blog. Article.
The expansion of 'For Sale By Owner' real estate transactions is growing, which is good for economic diversity.
DuProprio has representatives in the Maritimes, Manitoba and B.C., but is waiting before jumping into Alberta, where two competitors are already active. Online services WeList.com and comfree.com are active in several Canadian provinces. For sellers, the website works like this: they pay a flat fee up front that varies according to location and type of property. The average fee is $400. (This will rise to $500 next year.) That fee buys sellers a website listing of six months to one year, depending on the type of property, and photos taken by a professional.Sellers get a customized poster for their lawn and online tools to help them write a description, prepare their home for sale and negotiate. A DuProprio sales representative visits about 90 per cent of clients to help set up a listing. Bouchard and his team talk to clients and the public through their blog. Article.
The expansion of 'For Sale By Owner' real estate transactions is growing, which is good for economic diversity.
Labels:
FSBO
Friday, November 16, 2007
By All Accounts Real Estate In Canada Will Not Follow The Dismal Path Of US Real Estate
By all accounts real estate in Canada will not follow the dismal path of US Real Estate. Financial analysts at TD have projected healthy growth in Canadian real estate for the next 25 years. As well the same firm reports Canada in unlikely to have mortgage trouble like the US.
Zillow.com, a huge, but newer, US real estate website has inked deals with several newspapers on advertising ventures. Full article.
Zillow.com, a huge, but newer, US real estate website has inked deals with several newspapers on advertising ventures. Full article.
Labels:
Real Estate News
Snap Up Real Estate Has A New Premium Listing In Nova Scotia
Snap Up Real Estate has a new premium listing in Nova Scotia. Real Estate in Nova Scotia is some of the most affordable in Canada, and this property is no different. Nova Scotia is one of the oldest settled areas of Canada, communities are well established and locals are renowned for their friendliness. Check out the full property details --> Nine Mile River Real Estate For Sale.
Labels:
Canadian Real Estate,
New Listing
Wednesday, November 07, 2007
Real Estate In Canada Is Slowing Down, But We Will Not See The Crash Some Regional Markets In The US Experienced
Real estate in Canada is slowing down, but we will not see the crash some regional markets in the US experienced.
Industry insiders are reporting that Canadian real estate will not be adversely affected by the high dollar or the poor US real estate market. Also check the Canadian market update by CNW Group News.
Condo high rises are still a big hit with Vancouver real estate investors. A recent high rise in Surrey sold out in 30 hours, setting a new record.
Condo buyers have set a new speed record in real estate sales in the Lower Mainland by snapping up all 901 units in a Surrey high-rise development in just 30 hours.
A record 545 units in the Sky Towers development were sold last Saturday, beating the previous one-day sale record of 536 sold at the Woodward's development in Vancouver's Downtown Eastside in April, 2006.
The final 356 condos sold on Sunday for prices starting at $179,900, half the cost of similar units in Vancouver, with total sales for the weekend reaching $280-million.
Sky Towers, which includes two high-rises of 36- and 40-storeys, will be the tallest of their type between Vancouver and Calgary. The project is being built by Korean developer Hee Yong Yang and is his second complex in the area. Mr. Yang, the founder of a 2,000-outlet fried-chicken franchise in South Korea, moved to Vancouver with his family in 2002.
Globe and mail has the story.
Industry insiders are reporting that Canadian real estate will not be adversely affected by the high dollar or the poor US real estate market. Also check the Canadian market update by CNW Group News.
Condo high rises are still a big hit with Vancouver real estate investors. A recent high rise in Surrey sold out in 30 hours, setting a new record.
Condo buyers have set a new speed record in real estate sales in the Lower Mainland by snapping up all 901 units in a Surrey high-rise development in just 30 hours.
A record 545 units in the Sky Towers development were sold last Saturday, beating the previous one-day sale record of 536 sold at the Woodward's development in Vancouver's Downtown Eastside in April, 2006.
The final 356 condos sold on Sunday for prices starting at $179,900, half the cost of similar units in Vancouver, with total sales for the weekend reaching $280-million.
Sky Towers, which includes two high-rises of 36- and 40-storeys, will be the tallest of their type between Vancouver and Calgary. The project is being built by Korean developer Hee Yong Yang and is his second complex in the area. Mr. Yang, the founder of a 2,000-outlet fried-chicken franchise in South Korea, moved to Vancouver with his family in 2002.
Globe and mail has the story.
Labels:
Canadian Dollar,
Real Estate Market
Subscribe to:
Posts (Atom)
