There were several major corporate deals done over the last quarter - those should generate activity for buyout houses.

Crack heads and homeless find shelter in the rundown houses.

We're not seeing as many starter houses in the low to mid-$200,000s anymore, which has been the trend for the last year or so. Developers are seeing these big lots and building larger, newer, more expensive homes with three-car garages.

We don't know, ... The fact is that the buying climate remains very tough. There aren't so many big deals around anymore.

Issuers are looking to Canada to get international bond deals done. Until last year, many Canadian investors were severely restricted in their ability to buy bonds issued by U.S. and European issuers, and thus, severely constrained in their search for diversification. For the first time in more than thirty years, large pools of domestic funds can look offshore for investment opportunities. And this is a very healthy turn of events for issuers.

For every five houses on the demolition list there will be 10 more to inspect.