The phoenix group was very excited to be asked by GlobalTV News to do an interview to discuss the foreclosure increase in Alberta recently! We are seeing an up-tick in foreclosures up in the great white north in Edmonton. This follows the historical trend where the volume of foreclosures will be highest in Calgary due to the exploration/engineering/geological positions being the first to go in an oil downturn, then the front-line jobs are at risk 6-9 months down the line. The most important thing to remember – is that there is help out there for struggling home owners, before the banks get involved companies like ours can help with:
- Education on your options
- provide foreclosure rescue
- pay back payments/provide a quick sale
- help with moving costs+ first/last months rent
- many other services to help you move forward in a positive direction
Full article and video here:
Foreclosures in Alberta up about 25% annually for past 2 years
We were honored to be Interviewed by CBC news to get an update on where foreclosures are going in Alberta recently. Indicators show that the market in Calgary has likely reached the lowest point (no one can really know for sure) and that there is still a long way to go before things are business as usual in the Alberta market. Recently we have seen a month-month difference of 10-15% in foreclosure bases requests to our firm, further details here to read full article: