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What will happen to the market in the next 11 months

Poll ended at Tue Feb 14, 2017 11:01 am

Prices increase by 10% or greater
2 (18%)
Prices increase by 5%
2 (18%)
Prices stay relatively flat
2 (18%)
Prices decrease by 5%
No votes
Prices decrease by 5% or greater
5 (45%)
 
Total votes: 11
 
Tsawguy
Real Estate Talker
Posts: 11
Joined: Wed Jan 25, 2017 9:35 pm

Re: Predictions for 2017

Tue Feb 14, 2017 10:15 am

Decrease by 5% or greater.

The slow melt has begun. Plan accordingly.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Tue Feb 14, 2017 1:02 pm

Full time increase coming out of the winter. To the moon!
 
reallyreal2
Real Estate Talker
Posts: 675
Joined: Fri Jun 03, 2016 11:30 am

Re: Predictions for 2017

Tue Feb 14, 2017 1:10 pm

Tsawguy wrote:
Decrease by 5% or greater.

The slow melt has begun. Plan accordingly.

Probably worse than that.  Judging by the sales ETB shows us, we are already down 20%.
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Tue Feb 14, 2017 1:12 pm

Likely more improved.

Considering the methods LICENSED individuals have said looks like to be a banner year.  Purchases are up

To infinity and beyond!
 
jimtan
Real Estate Talker
Posts: 5427
Joined: Tue Jul 31, 2007 10:59 pm

Re: Predictions for 2017

Fri Feb 17, 2017 8:04 am

tdma800 wrote:
Likely more improved.

Considering the methods LICENSED individuals have said looks like to be a banner year.  Purchases are up

To infinity and beyond!

Makes no sense. Yes, you can quote me.

Meanwhile...

"China's economy doesn't look so wonderful when you look at the really big numbers

The supposed stability being portrayed in China's recent economic reports doesn't look so rosy in the scope of the big picture.

For example, less money appears to be fleeing the country than only a month or two ago — but looking back 12 months, the trend is still worrying. 

China bought U.S. government bonds in December for the first time since May, the Treasury reported Wednesday. However, overall holdings fell by a record $188 billion last year, according to news service StreetAccount..."

http://www.cnbc.com/2017/02/16/chinas-e ... mbers.html
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Fri Feb 17, 2017 8:08 am

^----- foreign media and  country - unrelated

this year we're going to the rock orbiting the earth - to the moon!
 
jimtan
Real Estate Talker
Posts: 5427
Joined: Tue Jul 31, 2007 10:59 pm

Re: Predictions for 2017

Thu Feb 23, 2017 7:42 pm

Bound to be fallout.

"Why Trump's Immigration Crackdown Could Sink U.S. Home Prices"

https://www.bloomberg.com/news/articles ... ome-prices
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Thu Feb 23, 2017 7:43 pm

 
jimtan
Real Estate Talker
Posts: 5427
Joined: Tue Jul 31, 2007 10:59 pm

Re: Predictions for 2017

Thu Feb 23, 2017 7:45 pm

Fake media.  :mrgreen:
 
Harahomes
Real Estate Talker
Topic Author
Posts: 89
Joined: Fri Apr 22, 2016 7:36 am

Re: Predictions for 2017

Fri Mar 10, 2017 2:23 pm

Anyone want to change their predictions?
 
reallyreal2
Real Estate Talker
Posts: 675
Joined: Fri Jun 03, 2016 11:30 am

Re: Predictions for 2017

Fri Mar 10, 2017 3:07 pm

reallyreal2 wrote:
Depends on your definition of the "market".

Probably 5% up or down either way.  If there is a chance of 10% to 20% movement in either direction, I would say down more likely than up.  But hey, this market has surprised before so who is saying it can't surprise again.

I still think that anybody that thinks our local economy can support these prices is on glue.

What are you seeing out there harahomes?  

@ harahomes - I am very happy with my wishy washy position  :lol:
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Fri Mar 10, 2017 3:36 pm

Anyone in the know(besides the negative ones) know that things are going to the moon after winter
 
jimtan
Real Estate Talker
Posts: 5427
Joined: Tue Jul 31, 2007 10:59 pm

Re: Predictions for 2017

Sat Mar 11, 2017 12:59 pm

Ohh! You're now a fortune teller?  :D

Meanwhile, Ontario government reverses itself ...

"Toronto Might Be the Next City With a Tax on Foreign Homebuyers
by Kim Chipman

People facing ‘bidding wars everywhere you go,’ Sousa says..."

https://www.bloomberg.com/news/articles/2017-03-10/toronto-foreign-buyer-tax-won-t-solve-housing-woes-brokers-say
 
tdma800
Real Estate Talker
Posts: 2977
Joined: Wed Jan 23, 2008 9:12 am

Re: Predictions for 2017

Sat Mar 11, 2017 1:04 pm

^---- irrelevant foreign fake news organization






we're going to the moon!
 
jimtan
Real Estate Talker
Posts: 5427
Joined: Tue Jul 31, 2007 10:59 pm

Re: Predictions for 2017

Mon Mar 13, 2017 7:59 am

More foreign media. But, it's about global affairs.

"Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO"


https://www.bloomberg.com/politics/arti ... nd-the-wto


It's all about the confrontation.

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