While Canada’s economy is closely linked to that of its southern neighbor, it has considerable relative strengths. Its banking system is more tightly regulated, so indulged less intensively in the subprime mortgage and derivatives shenanigans that brought the U.S. system to its knees. The Canadian government was also more disciplined in terms of fiscal stimulus at the bottom of the recession. As a result, the 2010 budget deficit projected by the Economist panel of forecasters is only 4.5 ... Full Article...

Although this is an article is from "Los Angeles Times", this subject is very universal. So befor you will start your renovation please read this first. Every real estate agent has seen them: home “improvements” that turn out to be anything but, at least down the road when it comes time to sell. Instead of deal sealers, they are deal killers.   We’re not talking about swimming pools or turning spare bedrooms into home offices, which are perhaps two of the worst investments th ... Full Article...

The current state of the Edmonton Real Estate market reminds me of the mid to late 90’s! We are seeing major price reductions on homes making it an incredible time to buy a fantastic home at a great price! There is an overabundance of inventory! Something that has not been seen since the early 2000’s. Buyers - this is great news! Presently, there is an amazing opportunity for Edmonton homebuyers to get homes at unbelievable prices. Investors or first time buyers, I recommend getting ... Full Article...

  The housing market was relaxed in May with slightly lower sales than last year and prices generally stable. Despite the sales drop, the current sales figures compare favourably with levels set in 2008. “Financial incentives, changes to mortgage qualifying rules and the threat of increasing mortgage rates caused the local market to peak a little earlier this year,” said Larry Westergard, president of the REALTORS® Association of Edmonton. “Many buyers exercised their options ... Full Article...

  One of the biggest decisions that a prospective home buyer must make is the decision of whether to buy a new home or an old home. Both approaches have their advantages and disadvantages, and the decision will be affected by the buyer's personal circumstances. Here are some of the advantages of an older home:   Size is not important, but it sure helps. One of the big pluses in buying an old house is the property size. They used to build houses on larger lots. If you have a large family, the o ... Full Article...