All Blog Posts Tagged 'edmonton' (3)

Commercial sales and leasing statistics reported by the Edmonton Real Estate Board show a slow steady decline in the commercial real estate marketplace since the highs of 2006 and 2007.

Land Sales

Land sales peaked in 2006, and have declined every year to a low in 2009 of around 18% of the unit volume seen in 2006. Dollar volume in 2009 was 27% off the highs and this year it is at 32% of the highs. This is quite a drop, but to be expected as land was the subject of much speculation… Continue

Well, after my last couple of blogs, I can not neglect to mention leverage and my thoughts on how to use it today in the the Edmonton real estate market (I would argue my thoughts are applicable just about anywhere in the world at this time).

Most of you no doubt know that leverage refers to how much debt one uses to purchase something. A general rule of thumb is that the more leverage one uses, the greater one's return on investment. Sounds great, doesn't it? Well, there is another…

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So Greece is having its economic challenges, and now other European countries are wavering. They're a long way from Edmonton, what possible effect could their economies have on our real estate values? Lots.

Now there is an old saying that we all rise to our level of incompetence and I think me disucssing world economics is probably rising way past my level of incompetence...but what the heck. Let's see how far into trouble I can get myself.

I do not know how much trouble the…

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