Commercial real estate is slowly making a comeback, but banks are being more ...
Las Vegas bankers couldn't write loans fast enough during the real estate bubble, doling out funds for construction projects even if borrowers didn't have a way to pay them back. Today, after the massive real estate bust, waves of bank failures and the ...
Can I just say it?!
Who the hell is buying these things at the current prices?! Also, dear sellers, i'm sorry, your slum is not worth that much, don't be insulted by my much lower offer.
In my area there are so many properties that are extremely over priced that have been sitting for 4-6 months. When will people get the hint that Canadian Real Estate is priced too damn high!
Also, the real numbers. (taken from r/realestate)
EDIT: TD predicts housing prices to fall 10% (new article from yesterday). link
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