Vancouver Condo Info

It’s the end of the work week and that means it’s time for the Vancouver Condo Info end of the week news round up and open topic discussion.  Here are a few links and stories that have come to my attention this week:

-Thank you VHB & everyone who’s contributed to the Wiki!
-Guess the next 3 years: Vancouver Condo Games
-Tips on how to be a home-buying vulture
-2 mortgage brokers in Duncan say there is no housing bubble
-Would-be homebuyers may want to wait
-BC mills take downtime in “world awash in pulp”
-Spectrum landlord, ambassador to the world
-Video: Tom Barracks economic outlook
-What will work to kick-start global economies?
-Ottawa chops $4.3 billion, predicts small surplus for 2009
-US sinking deeper into recession, dragging Canada with it.
-US home prices hit 2004 levels, predicted to get worse
-US commercial mortgage crisis looms
-Chinas economic crisis worsens
-Affordable places to ride out the downturn

So what are you seeing out there? Post your news, links and anecdotes here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

Better late than never, it’s time for our open topic discussion post.  Here are a few stories I’ve noticed this week:

-Bring on the real estate crash
-BC Expected to barely avoid recession
-BC economic stimulus package: an extra $70 for you
-Scotiabank: Canadian housing market slide overstated
-Canadian banks: longest profit slide in two decades
-You can still get a zero down mortgage
-What will happen to luxury condos?
-Harper will ‘do what it takes’ to fight economic crisis
-Fears of deflation
-Economics 101: everything you know is wrong
-67,000 Chinese factories closed in six months

So what are you seeing out there?  Post your news, links and anecdotes here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

Friday means the weekend is almost here, and that means it’s time for our end of the week news round-up and open topic discussion.  Here are a few stories I’ve noticed this week:

-Work comes to a halt at Jameson House
-Construction halted on Victoria Hill Building
-Municipalities urged to increase residential property tax vs. business tax
-Vancouver west houses: 968 listings, 12 days, zero sales
-Builder Association: The Vancouver property market will bounce back
-Condo Wiki: ‘expert’ Quote-tracker
-BC #1 in job losses since September
-Vancouver fund’s cash reserves ‘tapped out’
-When politicians treat voters like bumpkins
-Entire city council agrees to lie-detector test on $100 olympic leak
-Ottawa boosts mortgage buy-out by $50 billion
-Canada to consider selling national assets
-US Foreclosures up 25% year over year

So what are you seeing out there? Post your news links, anecdotes and thoughts here and have an excellent weekend!

Friday is here once again, lets do our end of the week news and link round up.  Here’s a few to get the conversation started:

-Vancouver Condo Wiki - supply updates!
-In unstable economy, renovate (don’t buy)
-Vancouver RE boom is over, more declines ahead.
-Vancouver guarantees $100 million for Olympic Village
-When should you start marketing your 2010 rental?
-City gives up 4.3 million in development fees
-Nanaimo hotel becomes election issue
-RRSP participation rates low
-Toronto real estate falls below 2006 levels
-Canadian building permits rise in September
-London Olympic village needs £1 billion bail out.
-Real Estate Downfall (youtube)

So what are you seeing out there? Post your thoughts, news, links and anecdotes here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

It’s Friday!  Time for our end of the week news round up and open topic discussion for the weekend.  Here are a few things I’ve noticed lately:

-Global News Video: Vancouver house prices to drop 30% by 2011
-BC house prices to drop additional 18% in next two years
-501 Pacific: levy passed for $1.4 million exterior maintenance (PDF).
-Exx: Recent price-reduced sales compared to assessed value
-BC is ‘a terrible place to commute‘
-Loonie plummets to four year low
-Text of Premier Campbell’s statement on the economy
-VANOC prepares for economic uncertainty
-Olympic village in good financing says CEO
-Buy an embarrassing license plate, win hockey tickets!
-BOC: Canada on verge of recession
-US land slide to affect Canadian market
-Whitehouse warns GDP number ‘not good’
-Greenspan ’shocked’ by credit crunch
-US foreclosure activity up 71%

So what are you seeing out there?  Post your news, links and anecdotes here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

Its time for our regular end of the week news round-up and open topic discussion.  Here are a few stories I’ve noticed lately to kick off the discussion:

-Greater Vancouver average house price drops 8% from 2007
-Canadian house prices down, blame British Columbia
-Infinity Surrey condo tower: Anyone got $100 million?
-Victoria: development halts at $1.4 billion cappela condos
-Kelowna: 21 story condo development grinds to a halt
-angry condo owners seek stronger protection
-Realtors to host grow-op meeting
-The end is here for 40 year mortgages
-banks push locked-in mortgages
-CMHC buys $5 billion worth of mortgages from banks
-Conference Board of Canada: No recession in Canada
-Bank of Montreal: Canada can not avoid recession & deficit
-Vanoc: $48 million deficit for 2008
-Japanese shares market drops 11.4%
-Construction cranes nearly extinct in Miami
-Paulson: regulation bad! er.. regulation good!

Phew! So how’s everyone doing out there?  Is it time to panic? Time to buy?  Time to hide under the covers with your fingers in your ears?  What are you seeing out there?  Post your news, links and anecdotes here and have a great relaxing non-panic filled weekend!

UPDATE: The CBC Early Edition is putting together a story for Monday morning and would like to talk to anyone who invested in a development and is trying to get their deposit back, or those who have succeeded in getting their deposit back.  Contact jennifer.chen@cbc.ca or elizabeth.hoath@cbc.ca if you have a story to share.  Tell ‘em VancouverCondo.info sent you!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

It’s Friday and that means it’s open topic free-for-all news round up time!  Here are a few stories I’ve noticed this week:

-Lower mainland house prices drop below 2007 levels
-Shiller: Canadian housing bust looms
-Plunge-O-meter: Van prices down more than $30k
-Quattro: Yaletown comes to Surrey, burns down
-Vancouver homeless top priority for Mayoral candidates
-55% of Canadian workers live paycheque to paycheque
-Ottawa: No need to boost deposit insurance
-Calgary house prices keep on dropping
-The next bubble: Equity and commodity markets?
-IMF: US likely headed for deep prolonged recession
-Global recession could drive oil to $50 in 2009
-Michigan home sells for $1.75

So what are you seeing out there?  Post your news, links and thoughts here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

It’s Friday and that means open topic time at VancouverCondo.info.  Here are a few stories I’ve noticed this week:

-Long term mortgage rates rise
-Luxury home sales to slow
-Canada: at risk for housing market meltdown
-Scotiabank: no risk for housing market meltdown
-Canada’s central bank braces for US recession
-Flaherty: Serious consequences if US bailout fails
-Washington Mutual: Biggest US bank failure yet
-TD: No worries of a great depression

So what are you seeing out there? Post your news, links and thoughts here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

Every Friday we do an end of the week news round up here at http://vancouvercondo.info and have an open topic discussion to share thoughts on the local market and global economy.  Anything related to real estates and economics is welcome.  Here are a few stories I’ve noticed this week to get us started:

-Politics and the Vancouver affordability crisis
-Agent Wills Realty Reality check
-Vancouver auto thefts on the rise
-Steeper drop in Canadian house prices
-The Canadian deflation threat
-National Bank: US faces year long recession
-Bush concerned about financial crisis
-30 Year deregulation era dies sudden death
-Financial crisis enters dangerous new phase

So what are you seeing out there? Post your news, links, thoughts and anecdotes here and have an excellent weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!

It’s open topic time here at Vancouver Condo Info - Here are a few stories I’ve noticed this week:

-As home prices fall, it’s time to rethink real estate
-British Columbia: Leaky condos to leaky schools
-BC homebuyers ’sitting on their hands’ in buyers market
-Vancouver leads drop in Canadian house prices
-Realtors unfit to serve on council?
-Rennie: It’s all about the consumer
-Craigslist a haven for crooks?
-Vancouver bedbugs doubling each year
-Canadian productivity: longest slide in 2 decades
-Canadian buyers run to the USA
-Lehman a Lemon?
-US Fed holds emergency meeting on market

So what are you seeing out there? Post your news, links and anecdotes here and have a great sunshine filled weekend!

note: any conversation on Vancouver, 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. Pasting a link will automatically create a clickable hot-link. Thanks!