Daily Market Update

by REP19 Jan 2015
Four predictions for housing market in 2015
The Huffington Post is giving their four predictions for the housing market in 2015 and Nathan Dautovich, owner of the PropertyGuys.com, drops some knowledge for realtors and investors to consider this year. Read the full story here

Target departure leaves hole in commercial sector
Target Canada announced that they're closing more than 130 stores last week, affecting more than 17,000 people and leaving hundreds of buildings up for grabs as yet another Canadian retailer plans its escape. See where someone of the most value real estate the company will soon relinquish is in the full story here

Million dollar homes in Calgary at all time high
There are more $1 million homes in Calgary than ever before, according to an article from the Huffington Post. In the latest figures from the City, property assessments show a 39 per cent hike of single-family properties assessed at $ 1 million or more — or 14,207 homes, up from 10,227 homes last year.  As well, home values increased about 10 per cent in the past year, making the price for a single-family home at $475,000, which is a record high and tops assessments from 2008. Read the full story here

SEO exec cashing in on Shark Tank deal helping realtors
Real Estate Webmasters president and Nanaimo entrepreneur Morgan Carey has spurned a $2-million deal he secured on the reality TV show Dragons’ Den for a richer investment involving one of the stars of American spinoff Shark Tank. Carey will detail a new agreement that values his company at $50 million, $10 million more than the Dragons’ offer, at Real Estate Connect in New York later this month, where he has been tabbed as a keynote speaker. Find out more in the story here

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