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Andrew Kyle's Blog – Calgary Real Estate

Kicking yourself… February 17, 2009
This is a Re/Max USA commercial that sums up my thoughts on the current market: The latest market conditions: […]
Andrew
Real Estate Market Forecasts - Part 1 January 26, 2009
Last week the Calgary Real Estate Board (CREB) issued its forecast for 2009 - this is the last organization expected to issue a forecast for the 2009 Calgary real estate market so I thought it might be useful to summarize them all - that will be today’s post which I am calling “Part 1″. In [...] […]
Andrew

Rob Reynar. Royal Lepage Foothills

RIVAL TO REALTOR.CA August 31, 2010
Rival To Realtor.Ca Blog Transcription Hey there Rob Reynar here checking in. I want to talk today about news that Big 3 Canadian Real Estates Companies that being Royal LePage, ReMax and C 21 continuing their talks to put together a secondary web presence in fact a rival web presence to Realtor.ca. The three companies would use their vast data base of […]
Rob Reynar / Ken Morris
MOVING TIME August 31, 2010
Moving Time Blog Transcription Hey there Rob Reynar here checking in. Well as you can see a car full of stuff. We are moving and we moved a little bit by ourselves and a little bit with movers. And I guess the really the only comment I have to make is I think the Realtor®, a lawyer, a mortgage broker, they should all move at least once every four years ju […]
Rob Reynar / Ken Morris

Update on CMHC mortgage buy-back program

Earlier I posted about how the banks shunned the latest CMHC auction to buy back their mortgage assets. I had said that this shows some signs that the banks liquidity must be strengthening.Although this latest article still confirms this, there is a new explanation that is mentioned in the article and I confirmed with conversations with some leaders at the Canadian banks that the price CMHC is charging was too high, and that is why they never got as many takers?The problem is last month and in October (the last auction) it was completely sold out. If the banks still NEEDED the money they would pay, so they don’t need it as bad…still good news

This entry was posted on Friday, March 13th, 2009 at 8:57 am and is filed under Current Market Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.