2/23/2009 6:47:00 PM
Economic downturn reports are greatly exaggerated
Well I got through the weekend and am still in one piece. It was very busy with showings in spite of the great weather. Usually open houses are very weather dependant; great weather means people would rather be enjoying a walk on the Seawall than trudging ...
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2/19/2009 7:42:00 PM
Payment less by $1076 since October ...
Today I received this piece of great news from our "RE/MAX In House mortgage broker " comparing the difference in monthly payments for the same property, showing October 2008 and now. The summary is this: lower prices + lower interest rates = lower ...
Views: 137
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2/19/2009 12:40:00 PM
Updated Market Stats
Here are some up to date figures I took from our local real estate board. The good news is this shows the number of sales as of February 16th are on the upside finally. While the prices reflected here show an increase, remember these are average numbers; in ...
Views: 175
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2/17/2009 7:42:00 PM
A Little Humour
Retirement Planning If you had purchased $1000.00 of Nortel stock one year ago, it would now be worth $49.00. With Enron, you would have had $16.50 left of the original $1000.00. With WorldCom, you would have had less than $5.00 left. If you had purchased ...
Views: 118
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2/17/2009 3:11:00 PM
Newsweek says we have "Best Banking in the World!"
Page 1 of 2 2009 Factiva, Inc. All rights reserved. International; WORLD VIEW Worthwhile Canadian Initiative; Canadian banks are typically leveraged at 18 to 1--compared with U.S. banks at 26 to 1. By Fareed Zakaria 16 February 2009 Newsweek February 16, 2009; ...
Views: 124
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2/16/2009 3:53:00 PM
Let's put this in perspective...
Daily I'm asked to look into my crystal ball and give an opinion on "where the market is going". I sure wish the answer was straight forward, but alas, it's not. However, what we can do is look at history and see how we came through the other ...
Views: 102
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