It’s friday and that means it’s time for our weekly news roundup and open topic discussion for the weekend. As I post this rain is falling against my window and it feels like its been gray and under 10 degrees for a week. I am assured summer is still scheduled to begin in a couple of weeks. In any case its the perfect weather to be stuck indoors in front of a computer – here’s a few stories I’ve noticed this week:
-BC: highest proportion of income on housing
-For Sale: $1,600,000 or best offer
-Lower mainland cities like to spend
-Real estate market returning to ‘normal levels‘
-Boomers own and owe more than ever before
-Sales sign super-stack challenge
-Mohican: shots from the bubblehood
-Housing bust a boon for some renters
-US Records: foreclosures and low equity
So what are you seeing out there on this fine spring weekend? Post your news, links and anecdotes here and have an excellent weekend!
note: any conversation on real estate or economics is allowed, please keep it civilized. when posting articles please only quote pertinent points and link to the original instead of pasting the entire article here. Thanks!