Invest In Edmonton Real Estate Blog

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Services for Real Estate Pros - Glenn Simon Inc.
Focused on the Alberta oil sands we help investors from all over the word invest in the biggest economic boom of our time.

ARCHIVED BLOG POSTS

2007 

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I’ve thought of the ultimate Halloween costume this year. Imagine dressing up as a ‘sub-prime mortgage meltdown’ and banging on doors trick or treating throughout the U.S. I’m sure that this would be one of the scariest costumes folks have seen in awhile. Like many fears, once exposed, explained ...
09/30/2007
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Two great articles: Why Edmonton is cooling not crashing"On the economic front, not much has changed. Edmonton is still a magnet for job seekers. Unemployment remains low, job creation is still high and local rental vacancy rates are puny." Read More Lured to Saskatchewan only to be disappointed ...
09/29/2007
Alberta taking in more money than expected, but also spending more - ""Alberta's economy continues to outpace the rest of the country," said Finance Minister Lyle Oberg" This strong economy will attract more and more workers.   ECONOMY: Edmonton rated ‘best in the west’ for business opportunitie...
09/27/2007
The Edmonton - Calgary Corridor in Alberta, Canada presents investors with the most dynamic and growth oriented regions in North America.  Find the best towns to invest in - increasing profits. Learn economic fundamentals behind Top 10 cities. Meet like minded investors. Canada specific content. ...
09/27/2007
 Prices in Alberta have rising so much in the last few years. These are a few of the properties  and profits we have brought to our clients. These numbers are based on appreciation and equity pay down. They do not include taxes paid at sale.  If you would like to see more deals like this please v...
09/27/2007
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Real estate boom swells ranks of the house-poor - "I think what we're finding is people are over-mortgaged with very little room for an increase in the interest," Rob Warren, a University of Manitoba business professorBUT"It's good debt. It's secured, you've got an asset and it's growing," said R...
09/27/2007
      "A government-appointed panel reviewing Alberta's energy royalties called Tuesday for the oil-rich Canadian province to increase its total take from the energy industry by 20 percent a year, or roughly $2 billion Canadian (US $1.97 billion; €1.42 billion)." How will this affect the Alberta...
09/27/2007
This is a really sad article that I came across from CTV.com. A business man and father of three was slain for a mortgage that fell through. "Two men accused of orchestrating and carrying out the murder of successful Calgary businessman Jack Beauchamp appeared in court on Monday.Friends and fami...
09/27/2007
YES - housing prices have slipped in Alberta, but is it really the big drop that everyone fears?"August's (nationwide) decline was due largely to drops in Alberta, where the average price in Calgary fell $13,000 to $423,801 and Edmonton's average slipped $8,100 to $345,809."NO - what we are seei...
09/27/2007
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B.C. Housing "Afford ability" Drops - "While Vancouver remains the country's most expensive real estate market, the largest affordability slides over the last couple of years have been suffered by Saskatoon, Edmonton and Calgary.Alberta is still, however, avoiding British Columbia's stressed aff...
09/27/2007
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