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The Canada Real Estate Investors Club's  mission is to provide a fun and interesting way to help real estate investors grow in their professional and personal development. Born out of the need for a cohesive regional investors associations, the REIC serves Canada, by bringing together like-minded investors in an online community and by providing an opportunity for those investors to meet monthly with leaders in the industry.
- Free seminars, We Have Been Inviting a World Class Speakers. Their Advice cost hundreds or even thousands of dollars per hour.
- Access to creatively structured deals
- Got a good deal? Questions on how to handle a deal? Our members can help.
- Real estate education: we can expand your education and knowledge.
- Want to network with other investors, structure Join ventures contracts?
- Advertise your services?
- Want to sell your property?
- Looking for samples of contracts, documents?
- Listen to pre-recorded seminars on line.
- Participating in smaller Mindset groups.
- Receiving 2 GB free email
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- Free website hosting account for your website.
You can have all that by becoming our Active Club Investor. Recommend this article... |
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Real estate downturn hits homeowners and investors
For years, bankruptcy trustees and credit counsellors in Calgary haven't had enough work.
But in the past couple of months, the workload has picked up as some Calgarians fall behind on their mounting debts and mortgage payments.
"We are seeing people now who are going into bankruptcy, walking away from properties that in the last . . . four years in Calgary has been very, very, very rare," said David Smith, a trustee in bankruptcy at Bromwich & Smith Inc. "Now it's becoming more common."
In July, 494 Albertans declared bankruptcy -- a 24 per cent increase from the previous year, according to the Office of the Superintendent of Bankruptcy.
There has also been a hike in the number of people who can't keep up with their mortgage payments. Recommend this article... |
 Two prominent economists warned Wednesday Canada's housing market is at a tipping point and could trigger a financial meltdown that would mirror the unprecedented crisis gripping our neighbour to the south.
"We fear . . . it may simply be a matter of time (before) . . . housing and credit markets in Canada crack," said Merrill Lynch Canada Inc. analysts David Wolf and Carolyn Kwan in a note to clients. "Markets remain overly sanguine with respect to the prospects for the Canadian housing market, the financial sector and the overall economy."
Locally, some real estate players are carefully watching stretched household finances coinciding with falling real estate values, worried the squeeze could steepen the descent of a falling market -- or worse.Recommend this article... |
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John Pasalis in Toronto Real Estate News
Toronto's real estate bubble in the late 1980's left a grave mark on the city. Those who didn't lose money in the bubble probably knew someone who did.
We saw the lingering effects of the last bubble in 2002 when after just five years of modest price appreciation in Toronto's real estate market (2.61% to 6.64% annually) fears of another real estate bubble loomed in the minds of many Toronto home owners and buyers. Six years later the fear of a repeat of the early 1990's real estate crash continues to be on the minds of many Torontonians.
In a previous post (see: Toronto Real Estate Market is balanced: UBC Study) I discussed how several prominent economists are in agreement that Toronto real estate prices are balanced. But many of our readers remain skeptical. They remain convinced that we are in the middle of a real estate bubble similar to the late 1980's that is just waiting to pop.
Today I'll highlight some of the key differences between Toronto's current real estate market and the market in the late 1980's. Recommend this article... |
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OTTAWA - It's the best of times and the worst of times for Canadian cities, depending on where they're located, according to an economic think-tank that expects cities in Saskatchewan will enjoy their strongest growth, and Ontario cities their weakest performance, in more than a decade.
Western Canadian cities take the top seven spots in the Conference Board of Canada's latest Metropolitan Outlook, released Monday, led by Saskatoon and then Regina.
"Both Saskatoon and Regina are on track to post their strongest rates of economic growth since 1997, and Saskatoon will lead Canadian metropolitan areas in economic growth for the second consecutive year," said Mario Lefebvre, the Conference Board's director for municipal studies.
Recommend this article... |
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Calgary - Single-detached Construction Slumps in April
