- Download the April 2009 newsletter - 262kb size
Unusual Market Activity Points to Phoenix Market Recovery
The dramatic rise in pending sales (the majority of which are for
extremely low‐priced lender owned properties) is setting new
records, reflecting evidence of demand strength not seen since
2005. Between March 11 and February 1, pending sales rose from 7,344 to 10,180. Between February and March active listings fell substantially which is another uncommon occurrence. These
exceedingly positive developments confirm that the market is in the
process of recovering.
- Download the January 2009 newsletter - 327kb size
Most other North American west coast ports are experiencing declining traffic however the Port of Prince Rupert has handled 10.6 million tonnes of cargo in 2008, a considerable jump from the previous year.
The second half increase in traffic reflected shippers' confidence in utilizing the port, resulting in the terminal operating at 60 per cent capacity. The Port of Prince Rupert also experienced a 21 per cent increase in passengers participating in shore excursion tours. 2008 was the best cruise season the port has had in its five years of operations.
- Download the October 2008 newsletter - 296kb size
After 8 months of working on a US deal, we launched our first one on September 15th. The Raven's View condos border "The Raven at South Mountain" golf course and feature vendor financing at 5% for 3 years.
Fortunately many clients locked in the US dollar when we advised them to last May at Par! The recent sinking Loonie further illustrates the importance of having US assets in an investment portfolio. It is the currency that stands up when there is a "flight to safety" The Raven's View condos will be the first of hopefully a string of successful US endeavours!
- Download the July 2008 newsletter - 322kb size
Kitimat Smelter A Go - Rio Tinto Alcan recently announced that it has awarded a $200 million contract to Bechtel to conduct the procurement, engineering and construction management of the planned $2.5 billion Kitimat Modernization Project.
Dick Evans, chief executive of Rio Tinto Alcan, stated in the July 9 press release that the signing of the contract is a critical step towards the realization of the project.
The project would increase production to 400,000 tonnes by increasing production capacity by 40%. 2011 is the projected date that first metal is expected.
- Download the April 2008 newsletter - 290kb size
All of us that are interested in investing 'down south ' are concerned with buying in quality areas...no 'bad foreclosures' in tough parts of town and the financing, legal and tax ramifications of owning property in the U.S.
With the crazy fluctuations of the Canadian versus the US dollar, we should also start thinking about converting whatever funds we plan to invest whenever the Canadian Dollar nears par, as today.
- Download the January 2008 newsletter - 311kb size
Welcome to the second edition of our quarterly Newsletter. 2007 was an incredible year and we look to 2008 to be even better!
While there are uncertainties in the world today, there are exciting opportunities ahead. That is... prudently bought, well managed growth opportunities. We look forward to capitalizing on as many as possible.
- Download the October 2007 newsletter - 303kb size
What is “AMG Investments”??? Ozzie Jurock, Dave
Barnes and Ralph Case founded AMG Investments in
2005. Many of our clients bought from us prior to this and
as we grew we felt we should have a “brand”. What does
AMG stand for? Visit our new website for the full
explanation: www.amginvestments.com
At AMG we are focused on finding high quality real estate
investments that are well researched and easy to own.
Our success can be measured by the high percentage of
repeat purchases of our clients and their referrals. It can
also be measured by our track record as shown on the
back of this newsletter.
