Tag Archives: foreclosures

FFFA! Debt, Stats, Assets, Low Rates

Hooray! It’s time for another Friday Free-for-all!

This is our regular end of the week news round up and open topic discussion thread for the weekend.

Here are a few recent links to kick off the chat:

Poor people make poor customers
Is a condo a debt or an asset?
Feel good now, pay later
Blame busy August for slow September
Phantom listing distort stats?
Gregory Klump: no no no
Vancouver Island Foreclosures
Low rates create false sense of security
Smiling with record debt levels

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

Foreclosure tours come to BC

Remember just after the US bubble peaked? There were foreclosure bus tours in places like Vegas and Miami.

Did you ever think you’d see something like that in British Columbia?

Apparently it’s happening on Vancouver island right now.

This video clip from CHEK news shows people shopping for a good deal to flip or rent out now that there are so many owners going into foreclosure who were unable to flip or rent out their property.

Might be a tad early on that one.