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CDIV Cascadia Investments Inc (PK)

0.0001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cascadia Investments Inc (PK) USOTC:CDIV OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.0001 0.0001 0.00 01:00:00

Despite Recession, Seattle Home Values Among the Most Stable in the Nation

02/04/2009 2:15pm

Marketwired


Cascadia Investments (PK) (USOTC:CDIV)
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Cascadia Investments, Inc. (PINKSHEETS: CDIV) -- The following is a snapshot of what is happening today in the Seattle real estate marketplace. The Greater Seattle Chamber of Commerce has it right when they state, "The continuing growth of the Puget Sound region is a clear indication of its desirability as a place to do business and to live."

Although housing-market activity continues at a slower pace and appreciation is only in the single digits as compared to recent years, in this region of the country, economists do not expect home prices to drop significantly. According to the Chamber of Commerce's data, "The region's population topped 3.5 million in 2007, and more people have consistently been moving here than leaving. This influx of new residents is expected to remain strong for the foreseeable future. In fact, the Puget Sound Regional Council estimates that by 2040, the region will add 1.7 million people and 1.2 million more jobs."

Given this outlook, Cascadia intends to accelerate its pace of acquisitions and aggressive growth for acquiring holdings in the Seattle and Tacoma markets and is currently in negotiations for additional properties that will fit well into its expanding portfolio.

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

Cascadia Investments, Inc. is continuing its open market share buy-back initiative to reduce float count and increase shareholder value. We look forward to updating you on the continued progress of this initiative.

Cascadia Investments, Inc. generates profits based revenues and currently has no need for dilutive financing, and furthermore, will continue to operate with an un-gagged transfer agent thereby maintaining complete corporate transparency.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Cascadia Investments, Inc. Tel: 253-383-7194 www.cascadiainvestmentsinc.com

1 Year Cascadia Investments (PK) Chart

1 Year Cascadia Investments (PK) Chart

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1 Month Cascadia Investments (PK) Chart