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Warren Buffett's NY Times Op-Ed: Buy American. I Am. setDefault('cnbc_textbody'); This is the text of an opinion piece written by Warren Buffett and published in the New York Times on Friday, October 17, 2008: Buy American. I Am. By Warren E. Buffett Read More...
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Fri 24/10/2008 The US passing of the ”emergency“ rescue package already seems so….well……….last week. As Michael Bloomberg, Mayor of New York says of Henry Paulson & his crew “Socialize the losses but privatize Read More...
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Fed Takes Overnight Rate to 1% I n June 2003 the Federal Reserve, under Alan Greenspan’s tenure, dropped its Federal Funds Rate to 1.0% - the lowest level in over 40 years. As of yesterday, overnight interest rates have come full-circle in the US, Read More...
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Mortgage defaults on the increase Real estate downturn hits homeowners and investors Colette Derworiz, Calgary Herald Published: Thursday, October 02, 2008 For years, bankruptcy trustees and credit counsellors in Calgary haven't had enough work. But Read More...
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U.S. home sales rise 5.5 per cent PATRICK RUCKER Reuters October 24, 2008 at 10:43 AM EDT WASHINGTON — Sales of previously owned U.S. homes rose 5.5 per cent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a Read More...
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Native housing to be razed Tsuu T'ina will bulldoze Black Bear Crossing Jamie Komarnicki, Calgary Herald Published: Wednesday, October 01, 2008 Two years after asbestos concerns triggered an exodus from Black Bear Crossing, Tsuu T'ina band officials Read More...
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Stung! by the building bug It really all boils down to having faith JEREMY BELL From Friday's Globe and Mail October 9, 2008 at 11:30 PM EDT I've always loved architecture. The idea of building a structure that was both functional yet beautiful Read More...
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LORI MCLEOD Globe and Mail Update October 9, 2008 at 6:18 PM EDT The real estate industry has gone into damage-control mode to try to quell fears Canada's housing market could enter into a U.S.-style freefall. Industry representatives held a conference Read More...
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Edmonton home sales skyrocket in September Near-record figures buck national trend Bill Mah, Edmonton Journal Published: Saturday, October 04, 2008 While real estate in the rest of Canada sags, Edmonton's market shows signs of rebounding as demand Read More...
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U.S. pending home sales jump 7.4 per cent LYNN ADLER Reuters October 8, 2008 at 11:06 AM EDT NEW YORK — Pending sales of existing U.S. homes unexpectedly jumped in August to the highest in over a year, data from a real estate trade group showed Read More...
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Mold Must Go: 6 Things to Know by Steve Rodriguez If a basement is musty, if there are black, green or purple blotches on or behind the walls and ceiling tile, or if there is any kind of growth thriving under the carpets or rugs, then the home is probably Read More...
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RE/MAX Report: Canadian Prices Almost Double in Decade The past decade has been one of the best on record for housing in Canada - and RE/MAX wasted no time spreading the good news. The RE/MAX Decade in Review Survey shows that average home prices nationally Read More...
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For immediate release Luxury home sales hold steady in most major markets across the country, says RE/MAX Two-thirds of markets surveyed report upswing in the number of upper-end homes sold in 2008 Kelowna, BC (September 25, 2008) -- Luxury home sales Read More...
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Piece of Paradise: Okanagan It's not just Calgary that has slowed down when it comes to real estate. But like Calgary, the Okanagan has so much going for it: it's not worrying people, nor is it bound to last, say officials. "The Okanagan Read More...
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