Door open 9am sharp. Saturday March 14th
Save upto 100K/condo...
http://www.liveatreflections.ca/
Most of the suites at Reflection were sold during pre-construction pre-sale phase of the project. Dur to recent correction of BC housing prices, many speculative investors had decided and walk away for their original 10% deposits.
(click on - download your pdf bid package)
Homes in Windsor, Ont., selling for less than new cars: real estate board
http://www.google.com/hostednews/canadianpress/article/ALeqM5gS5llsSfJCX-71wfe_s6sd28mwJA
http://ca.news.yahoo.com/s/capress/090324/national/windsor_home_prices
WINDSOR, Ont. — Real estate prices in Windsor-Essex are dropping lower than what it would cost to buy a new car.
Mark Imeson, president of the Windsor-Essex County Real Estate Board, says he has seen houses selling for just $25,000. He blames the low prices on the rising number of so-called power-of-sale properties, which have been taken back by the bank and turned over to the Canada Mortgage and Housing Corp. for sale.
Imeson says some houses are selling for what the lot alone is worth.
Quote:
Originally posted by sville
If I have to rent a home, I would look for following:
. Preferably, good public transit at walking distance.
. Groceries/shopping nearby.
. Not too big. If I can squeeze into 2 bed room, I will, and I won't go for the 3rd.
. Rent should be almost same as apartments(with comparable bed/bath size)
. Least bother about maintenance and utilities. (All by owner? Shared?)
. Obviously, should not to too old. (unless reflected in rent)
Detached, semi, rowhouse: doesn't really matter.
At the same time, bad economy is equally bad for everybody. Ppls move even for $50 saving on rent.
Good luck!
-----------------------------------------------------------------
Vimal Patel, Realtor
Homelife Royalcorp Real Estate Inc., Brokerage
Cell: 416-887-3745
Office: 905-856-6611
Fax: 905-856-6232
vimal.patel@gmail.com
http://www.vimalpatel.ca" rel="nofollow">LINK
Bullet proof logic for future buyers and it does not matter first, second or third home.
http://www.greaterfool.ca/
In Toronto, Vancouver, Calgary, Edmonton, Kelowna, Muskoka, Milton and scores of other places where millions of us live, house prices are still insane. The average family cannot afford the average home, even with the collapse in mortgage rates. So, it is a certainty that prices will continue to decline until the historic norm is restored. This will mean a serious loss of wealth for recent buyers, along with negative equity and heartache. Many people will wonder how they ever could have bought so much with so little thought at precisely the wrong time.
Endangered is the Canadian manufacturing sector. The steel works in Hamilton are closing. Mills from Newfoundland to northern BC are idle. Small factories employing a dozen or 200 in southern Ontario are shuttering daily. This is the inevitable consequence of no longer being a competitive country. But how can a guy work on the line and feed a family on less than $30 an hour – when houses in Oshawa or Brampton cost $400,000? Answer: he can’t. And neither can the company pay him. They fall together.
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |