The average cost of a home in Calgary has skyrocketed more than $16,000 just two weeks intp the month, earning the typical local homeowner over $1,150 a day in June.
Foreclosure.com tracked a one-month increase of 3,859 residential foreclosures nationwide and confirmed the existence of a buyer's market in the residential real estate sector.
The regional condo market has remained relatively flat during the past year while the nationwide condominium market keeps up with record-breaking, single-family home sales
A prime development site in downtown Seattle has been sold by developer Larry Benaroya for $20.6 million to an investment partnership that includes Firoz Lalji, chief executive of publicly traded Zones Inc. in Auburn.
On Tuesday, the City Council approved a series of regulations that will impose tighter restrictions on developers looking to convert rental apartments into for-sale condominiums in San Diego.
If you used an interest-only or so-called "option" mortgage to stretch into an unaffordable house in the last year or two, you could be facing some dark times.
