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Hi there. I am a real estate investor up here in Canada …

Friday, August 18th, 2006

Hi there. I am a real estate investor up here in Canada and thought I would share some information on the BOOMING Real Estate market in Alberta, Canada. Let me tell you, we are sitting on an absolute Gold Mine…some calling it the Real Estate opportunity of a lifetime.
 
For example, property values in Calgary, AB increased 54% in the last 12 months. We bought a house for $350K 2 years ago and it was just appraised for $545K…an increase of $195K in two years!!!
 
Edmonton, AB increased 28% in the last 8 months. A recent real estate article stated values are increasing at a rate of $160 per day!
 
Heard of the Athabasca Oil Sands in Fort Mcmurray, AB…people are literally renting garages to live in for upwards of $1000 per month because there is no where to live. 2 bedroom condos rent out for $1500-2000 per month and are still relatively afforable selling in the $160-220K range.
 
If you are interested in more information on Real Estate opportunities in Alberta, Canada…drop me an email at mdobson@sasktel.net

From Rick Garcia

Friday, August 18th, 2006
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    Welcom to REIBlog.Whether you're a real estate professional (lender, Realtor, banker, etc), investor (landlord, flipper, wholesaler, etc.), or simply a consumer, renter or homeowner interested in the world of real estate, this blog is the place for you to get involved!

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