This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


Search found 836 matches

by HAM
Sat Mar 03, 2012 3:14 pm
Forum: Real Estate Talks
Topic: February 2012 REBGV Stats Courtesy of Mike Stewart Realtor
Replies: 14
Views: 3159

Re: February 2012 REBGV Stats Courtesy of Mike Stewart Realt

Thanks Mike! Sales way down YoY (-17.8%) and unsold listings way up (+17.9%). Using the new benchmark prices, overall prices are mostly down over last 6 months (see tables on pages 2-3); especially apartment and townhouses, detached benchmark prices mostly flat over last 6 months. Van East and Van ...
by HAM
Thu Feb 23, 2012 7:36 pm
Forum: Real Estate Talks
Topic: Canada's housing bubble: This time is not different
Replies: 15
Views: 3818

Re: Canada's housing bubble: This time is not different

When Flaherty says we screwed, what does that mean? Last chance to make a huge financial decision or else.......

If the Feds say "be liquid" you better listen. It's a warning. I'm ready, are you? I sold, did you?

Good luck!!!
by HAM
Tue Feb 21, 2012 3:46 pm
Forum: Real Estate Talks
Topic: West Side Vancouver MOI Very High according to local realtor
Replies: 9
Views: 2500

Re: West Side Vancouver MOI Very High according to local rea

Eventually Van east will be affected. Richmond MOI ain't too pretty either. Developers in Richmond and other burbs are starting to give incentives. Some Van east properties are discounting as well. I've posted some but it never made it to the boards.
by HAM
Fri Feb 17, 2012 1:45 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1108621

Re: Vancouver indvidual property sales details

Hey ETB, you're quite famous over at Vancouver Condo Info. Check out comments 118, 120, 123, 126, and 127 associated with this post: http://vancouvercondo.info/2012/02/macleans-the-real-problem-with-vancouvers-outrageous-house-prices.html ETB is quite famous here too. Looks like the bears are takin...
by HAM
Mon Feb 13, 2012 7:50 pm
Forum: Real Estate Talks
Topic: Food for thought... Is commission without a sale fair?
Replies: 5
Views: 2748

Re: Food for thought... Is commission without a sale fair?

I've made some great posts on this forum. The bearish comments didn't make it to the boards. This forum is likely run by the RE pumpers.
by HAM
Sun Feb 12, 2012 4:59 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1108621

Re: Vancouver indvidual property sales details

MLS # V892238
717 E 61 ave Vancouver
$735,000
DOM 256
There is cobwebs all over this listing. Yes good properties are selling. But the rest is will be discounting soon. Many many homes are sitting around with no viewings. The downturn has begun.
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by HAM
Sun Feb 12, 2012 4:52 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1108621

Re: Vancouver indvidual property sales details

MLS# V911028
Original price 1,818,000
reduced 1,788,000
reduced 1,698,000
Sold after 117 days on market 1,568,000

yup, softening prices
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by HAM
Sun Feb 12, 2012 4:27 pm
Forum: Real Estate Talks
Topic: good time to purchase condo in surrey?
Replies: 29
Views: 9627

Re: good time to purchase condo in surrey?

Don't buy anything at this time. Haven't you heard of something called a Real Estate Bubble? Yes it's true. Look at how fast the market went up and now sales have fallen off a cliff. These are characteristics of a housing bubble. Don't buy now as we will have our answers by summer. There are indicat...
by HAM
Sun Feb 12, 2012 2:10 pm
Forum: Real Estate Talks
Topic: Huge Sales Surge In Vancouver By Mainland Chinese Today!!!!!
Replies: 42
Views: 12190

Re: Huge Sales Surge In Vancouver By Mainland Chinese Today!

I just came from PCI's Marine Gateway project. There was a 1 kilometer line up of Mainland Chinese. I have never seen so many Mercedes, BMW's, Audi's, Bentleys, Range Rovers and Aston Martin cars in my life. These people definitely have money. Sales people tell me this project will sell out in a da...
by HAM
Sun Feb 12, 2012 1:55 pm
Forum: Real Estate Talks
Topic: Vancouver indvidual property sales details
Replies: 4691
Views: 1108621

Re: Vancouver indvidual property sales details

can't seem to keep any decent listing under 800K - no matter how hard they try 2855 21ST AVE E \ MLS® V928750 33x109 lot 1453sqft home built 1928 Asking $699,900 SOLD for $820,000 on 6-Feb after 7 days on the market Dreaming of the house with the white picket fence? Look no more. A house in the par...
by HAM
Sun Feb 12, 2012 1:27 pm
Forum: Real Estate Talks
Topic: Huge Sales Surge In Vancouver By Mainland Chinese Today!!!!!
Replies: 42
Views: 12190

Re: Huge Sales Surge In Vancouver By Mainland Chinese Today!

The lineup at the Marine Gateway project was setup by the developer. Just like developments in Richmond. There is little interest for condos at this time. Why do people in this city believe that prices will go up forever? There will be a downturn, I think it's starting now. It's not the end of the w...