January 21, 2014 20

Leasing/Renting

22% Of Units At Cinema Tower Are For Lease!

Yes, you read that correctly.

There are an eye-popping 96 units for lease at 21 Widmer Street, in a building with 445 units, where all the units might not even be completed yet, and where many “investors” aren’t even bothering to put the properties up for lease.

22%.  Good Lord.

Does this high represent a new low?

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January 20, 2014 7

MLS Musings!

More MLS Musings!

Poor marketing, terrible ideas.

Bad spelling, poor grammar.

Awful salesmanship, terrible write-ups, mis-pricing, and mistakes a-plenty.

Let’s have a look at just a handful of poor MLS listings from the past week…

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January 16, 2014 9

Mortgage

“Four Changes CMHC Needs To Make To Rein In Its Mortgage Market Influence”

We had this discussion back in mid-November, when we debated actions that CMHC can take to “cool the market,” as well as whether or not it should be their job to do so in the first place!

Noted Canadian economist, Ben Rabidoux, wrote something similar last week in the Globe & Mail, and interestingly enough, he came up with four other suggestions to what I had discussed on my blog, and to what readers subsequently came up with on their own.

Here are four great ideas that none of us would have come up with on our own…

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January 15, 2014 12

Stories!

SMASH!

Sorry for not posting a blog on Tuesday, but I was up really, really late on Monday, cleaning up a mess.

“What mess,” you ask?

Well, something without a cause, without a reason, and in lieu of scientific evidence, something I don’t know if any of us can figure out.

How could this have happened?

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January 13, 2014 52

Business

Where Are Real Estate Prices Going?

Last Monday’s blog post spurred thirty-something comments, mostly from four or five regular readers who subsequently debated the health of the real estate market, the future of real estate prices, and even which economists they trust – if that’s at all possible.

Today I wanted to talk about where prices could go, both the upside, and the downside, and how that would affect our economy in general, as well as the every-day, average Canadian…

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January 10, 2014 1

International

“Real Estate Agents Used N.J. Couple’s Home To Have Sex In”

Admit it – you saw the headline, and your eyes widened a little bit.  Right?

Well, stories like this certainly gain their fair share of interest, and this one has been making the rounds on social media lately, so have a look, just in case you missed it.

You can even click the link to the article to see photos of the guilty parties!

My God, how embarrassing…

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