Boom or Bubble?

With the insane record-setting activity in the real estate market over the summer, there is a lot of buzz about whether the market bubble is going to burst or if this is an ongoing boom. If you’ve been a part of any a conversation on this topic, discussion has probably come up about the U.S. market. Creditors are losing their…

August 2007 Market Watch

I’m getting tired! August became the fifth record-breaking month in a row with 8,059 sales. It was 15% more active than last year and 7% higher than the all time record. The average price is up 7% over August 2006 at $361,890. TREB President Donald Bentley stated, “While the last decade has seen five record breaking years, and a good…