A fresh dose of the local market. Three times a week.
Less owners are losing their homes, according to the latest article of the Quebec Federation of Real Estate Boards (FCIQ) That's great news considering that in 2010 there were 2224 seized in the province of Quebec. In 2011, a drop to 1140 foreclosures, this represents a 19% decrease since 2010. And looking closely at the chart, you will see that in 2009 there was a high amount of properties … [Read more...]
While browsing through the available inventory of properties in the Island of Montreal, I noticed the alarming amount of foreclosure properties listed.For the most part, they are on the east end. RDP and Mercier/Hochelaga are heading the repo areas with 12 listings on the market. This is 12 listings on each sector. Montreal Nord follows with 7 properties . Source: Abbey & Olivier … [Read more...]
Asking Price: $239,000 Property Type : Triplex Bedrooms : 2 Interior Floor Space : 800 sqft Built in : 1910 Location : Central - East (Montréal) City Evaluation: $228,200 Although the information sheet describes the location as "Central", we'll call it Central-East, since the near intersection are borderline Hochelaga-Maisonneuve area. And we ALL know that's not really central … [Read more...]
The Montreal Real Estate Blog opens a new section: Repossession du Jour or Foreclosure du Jour. We haven't really decided on the title yet. But for the time being, we'll call it a Repossession, alright?. Here is our first contestant: A lovely penthouse located in St Laurent Street. We won't give you the exact address BUT we will give you the contact information, so if you are interested, you … [Read more...]
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