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Rising Foreclosures in Vancouver |
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Written by Kap Hiroti
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Tuesday, 10 February 2009 21:59 |
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Canadian foreclosure info takes some digging |
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Written by Kap Hiroti
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Thursday, 21 August 2008 19:01 |
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The following article was published in The Georgia Straight August 14, 2008
Canadian foreclosure info takes some digging By Charlie Smith
Media reports from the United States routinely list a litany of horrors about the number of foreclosures. According to an August 4 New York Times report, 8.41 percent of subprime-mortgage loans from 2005 were in arrears by 90 days or more or in foreclosure in the month of June. Of subprime-mortgage loans from 2007, 16.6 percent were delinquent, according to the report. This is creating huge problems for U.S. real-estate lenders, who have to put properties in foreclosure and then find a buyer in a market that is already glutted with distress sales.
Fortunately, in B.C. there haven’t been nearly as many foreclosures, which are legal processes in court to extinguish all rights, title, and interest in an owner’s property so that it can be sold to pay a lien against it. |
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Last Updated ( Thursday, 21 August 2008 19:07 )
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See Kap Hiroti in foreclosure article on GlobalTV |
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Written by Kap Hiroti
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Wednesday, 20 August 2008 23:15 |
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Last Updated ( Tuesday, 02 December 2008 15:39 )
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Foreclosures on the rise here, but there's no need to panic over stats |
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Written by Kap Hiroti
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Wednesday, 20 August 2008 16:48 |
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The following article was published in Business In Vancouver July 1-7, 2008; issue 975 Foreclosures on the rise here, but there's no need to panic over stats REAL ESTATE ROUNDUP: By Peter Mitham Numbers a bit misleading as there are more mortgages in B.C. than ever before The stats gathered by New Westminster real estate educator and investor Kap Hiroti, who tracks B.C. foreclosures using B.C. Supreme Court filings, suggests the volume of foreclosure proceedings initiated in the province has risen from 10 a week in 2006 to 20 a week today. |
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Last Updated ( Wednesday, 20 August 2008 17:51 )
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Foreclosures heat as market cools |
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Written by Kap Hiroti
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Wednesday, 20 August 2008 16:38 |
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The following article was published on the front page of the Money section in The Province, June 8, 2008. Foreclosures heat as market cools Rate surge in Lower Mainland, but not comparable to U.S.-style meltdown Ian Austin, The Province Lower Mainland foreclosures have doubled in the last two years as affordability has decreased along with the promise of quick profits. Kap Hiroti, who tracks Lower Mainland foreclosures at ForeclosureList.ca, says foreclosures stand at 20 per week, up from 10 per week in 2006. |
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Last Updated ( Monday, 25 August 2008 08:39 )
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