Well done and beyond the call of duty. More of the same from other peers across the country would go a long way to help us form a view. Thanks for sharing.

Here's an opportunity to discuss Inventory available for sale in your respective market. Share your opinion about: Changes in inventory numbers (Up, Down , Unchanged) Address the quality of the inventory for sale

My best (bold and foolish) guess is "up" from 4.05% to 4.56%.

Teranet Link: http://www.housepriceindex.ca Let`s put your forecasting abilities to the test for the three percentage numbers for the Composite 11: % change y/y % change m/m Year to date You may call it up or down or (for the pros or the bold) put some numbers to those categories. Give...

A view with some entertainment thrown-in. BTW, I think the irrationality of low interest rates must eventually end. However, I also subscribe to the notion that politicians and bankers will attempt to push that decision as far down the road until they can`t. This is more palatable than...

You make money by speculating and trading on insider information like those that have made their fortunes since August 15, 1971. Currencies are backed with nothing but hot air. We are living in the largest scale `Ponzi Scheme` in the history of humanity. There are no investors left. Real...

Agreed- I have a hard time with that call also. But I'm just seeing a lot of monetization which encourages cap rates to compress further as they follow bond yields. If inflation accelerates without GDP growth, the central bank (BOC) will also be forced to intervene on an unsterilized basis and...

Michael- I totally agree that one should not be a contrarian just for the sake of being one. However, I`m not reading any solid reasons backed by facts justifying rising rates. All I hear and read are as follows: -They (rates) can`t go much lower -They`re at historic lows -Eventually they...

Hey Micheal If everyone is on the same side of the boat, I stand a better chance of staying dry on the other side. I see you remembered our discussion about the inflation linked mortgage inquiry. I'm not into writing OTC products unless I choose the inflation benchmark and it won't be the...

Hi Michael: I'll be there in January but here's my (3) "two bit prediction" now for mid to late 2013. Nominal Canadian 10Y Bond Yields will either stay "as is" around 175~185 basis points or will decrease further. http://www.bloomberg.com/quote/GCAN10YR:IND Real 10Y Yields (Nominal minus...

Hi Greg- Based on your previous response, you may be the right person to answer the following: If rent increases are scheduled for May 1, 2013 and I send a rent increase notice prior to October 2012, I can use the 2012 allowable 3.1% or do I have to use the 2013 rent increase schedule?

Hi Thomas- Thanks but I'm hoping people will contribute recent live examples.

Primarily as a result of compressing cap rates, cash on cash returns are under pressure and mortgage underwriting is getting tighter. What`s the Maximum Loan to Collateral are you able to get to purchase an Income Property? Specifically, what`s the maximum loan were you able to get as a...

Re: The opportunity is closing fast Don't sweat it. Italy, Greece and Spain (especially the later) are next and will have great RE opportunities. Although these will mostly apply to an alternative residences, they will be great deals all around. My "fearless forecast" (humour) indicates that...

Rickson: As a US Real Estate investor, you will love today's following interview on Bloomberg: And for those only interested in RE: fast forward to the 7m:05s minute mark. http://bloom.bg/PhXCyt PS, you're always running the risk to give a lot of profits back in the currency translation...

Markl- If they sell a "Turn-Key" property at the 1% rule, then I would not be surprised at a multiple offer scenario. The question I always attempt to answer is: Why is the owner selling when his/her real returns are miles ahead of comparable investments in the same risk space? The 1% rule...

I was acknowledging comparative Real Estate valuations in the US relative to Canada. This leads me to your next question about making money with this info: In all honesty, to be or not to be in Real Estate is not the issue. Throughout history RE has always been a store of value in inflationary...

Releasing the shadow inventory (which should have never been allowed to exist) should be liquidated in a normal economy. However, housing deflation will never never be permitted to happen. Banks are holding houses and MBS's on their Balance Sheet at near book value instead of market value. This...

For those who may be interested in RE deals along the Mediterranean coast, the prices are down again in August: -14.7 YOY. Here`s more info and charts: http://www.tinsa.es/en/4860/press-area/press-releases/press-release-year-2012/imie-august-2012.html

Hi Rick, I'm totally set back by the CAN-US differences also even considering to huge shadow inventory on the banks balance sheets that are not counted in the MLS inventory.