Welcome to our newest Realestock feature. Every week, Taking 'stock will give you a roundup of the news and views that have arisen in the past week.
Looks like luxury homes in Palm Beach are still doing well. Multi million dollar homes are still on the market, and are selling!
The Green Movement is growing…but is the luxury market lagging behind? Why aren’t luxury buyers going green?
General North American Real Estate News
There’s been a couple of articles on this in the last week. The bad news? House prices will go down. The very good news? Most economists, including those at CIBC, BMO, and Desjardins, assure us that Canada will not suffer the same crash that the US is currently experiencing.
Many Canadians are taking advantage of the US property market…by buying vacation homes in the States. But is this a wise buy?
It looks like the bailout may not help those US home owners who are currently losing their houses, but may help to stop a rapid drop in house prices…
Miscellaneous and Fun News
This week on our Realestock Blog: What does your million buy around the world? Will it go further in Paris, London or New York?
Candice Bushnell, famed writer of “Sex and the City” has set her newest novel in the backdrop of Manhattan’s booming real estate market. OK, so she’s a little out of date…but it sounds like a fun read…maybe something to take your mind off the current real estate woes?