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CNN Money is reporting today that the U.S. home foreclosure rate “spiked 112%” in early 2008, and the worst of it likely isn’t over, as some $362 billion dollars worth of adjustable rate mortgages will “reset” this year.
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Saskatoon ranks 17th out of 154 Canadian communities that are rated in the third annual Canadian Business , “Canada’s Best Places to Live” list. This particular report weighs a number of factors including house prices, incomes, crime
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Saskatoon city council will consider recommendations being brought forward by its Administration for a “New Rental Construction Land-Cost Rebate Program” at the next council meeting on Monday April 7, 2008. This forwarded to me by a reader
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There’s a bit of a debate occurring on another post about whether or not Saskatchewan needs to implement rent control legislation. Few would disagree that this market is extremely tough for renters and it would be difficult to make a case that Saskatoon
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Tenants of Saskatoon’s Milroy Apartments learned Thursday of their lost court challenge aimed at stopping the condo conversion project at their building, which was approved by Saskatoon city council on January 14, 2008. “The decision was that
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Tenants of Saskatoon’s Milroy Apartments asked Justice Mona Dovell to overturn the City of Saskatoon’s decision to approve an application to convert the apartments to condos on Tuesday. Andrew Mason, the lawyer representing the group of tenants
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You’ve got to know that Saskatoon community services manager, Paul Gauthier is having some long days at work. He’s one of the civic officials responsible for processing condominium conversion applications. That can’t be a real funfest
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Murray Prokosh, owner of CCL Classic Communities , a home builder operating out of Medicine Hat Alberta believes that prosperity shouldn’t always be measured by the bottom line. Addressing a crowd of locals at a National Affordable Housing Conference
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When the City asked for developers to consider an exciting new “Urban Village” concept at River Landing , the call was answered by Michael Lobsinger, a former Saskatoon resident and now a successful real estate developer. On Wednesday, March
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It seems that Saskatoon has one of the most generous condo conversion policies, if you’re a landlord that is. Saskatoon city administrators are working hard to bring about a policy change in the city of Saskatoon. They’ve recommended a number
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Saskatoon’s landmark hotel, the Delta Bessborough is now under new ownership. The British Columbia Investment Corporation (bcIMC) took ownership of the historic hotel on February 1 but just announced the acquisition recently. The new owners took
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Tenants at Saskatoon’s Milroy Apartments served notice to civic administrators Friday of their intentions to seek a judicial review of council’s recent decision to approve an application for a condominium conversion at the downtown apartment
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Saskatoon city council’s executive committee will consider proposed changes to our condo conversion policy at its February 25 th meeting. The proposal, brought forward by city administrators recommends a number of changes which they say would be
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The City of Cleveland is suing 21 mortgage lenders for damages that they claim to have incurred as a result of the U.S. sub-prime mortgage fallout. Cleveland Mayor Frank Jackson compares the resulting chaos to “ organized crime activity on neighborhoods,
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It seems to me that whenever disaster strikes anywhere in the world, Americans can be counted on to dig deep and give generously. Our neighbours to the south have experienced their share of disaster over the last few years. Just this week, thousands in
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