Tuesday’s Thoughts
Posted January 6th, 2010 in Real Estate, Real Estate Stuff
Random Reflections
- Real Jobs – How The Government Payroll Replaced Goods-Producing Jobs
- How Do You Really Feel? – Sentiment Overview: Week Of January 1st, 2010
- Real Estate Downfall(** warning – video may not be to everyone’s taste **)
- US Residential Mortgage Report
- US Public Pensions Out of Money -US public pensions ‘facing $2,000bn shortfall’ (** NOTE: – may require free registration)
- Tough Times – Real Estate in Cape Coral Is Far From a Recovery
- Is there a Real Estate Doctor in the House? – Real estate reality check needed
Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.
*Hat Tips to Mr. Rippon
Good find on the reality check article… It’s amazing how much financial risk people are willing to take on.
I think Flaherty’s going to eventually shift to 10%/30yr anyways in preparation for future rate increases…
Larry:
Your Dad and I got together this evening to chat. We have concluded that the market has started to crash. Listings are surging.
We love you and want you to take care of yourself – don’t get overextended on real estate, there is a bad case of constipation that is building up. I will mail you some Malox.
Mom, Always….
Oh now Mom,
Have you been taking your ‘pep’ pills? You know they always have a reverse reaction in how you see things.
Larry
Listings are surging. What is today’s listing vs. sales count up to?
thanks.
Your DNA 50% contributor.
Listings are naturally outpacing sales but the rate that they are doing so is going to set the MOI watchers and bears on fire. We’re on pace for over 1100 new listings in the first week of the year, a new record, I believe.
Agent Will
Larry, see my lad. Sellers are getting anxious. Much like animals can sense a storm, the heathens are massing at the gate.
Just wait until they hear someone yell…”fire”…you know what happens next.
Its because I care for you that I offer you this warning.
What are your thoughts?
Motherbear
MoM
system wide
Last year RE Det — 01/06/09 – 5431 – This year 01/06/10 – 3446
Last year RE Att — 01/06/09 – 7377 – This year 01/06/10 – 4941
RE Det – 1 day back 363 list Sold 90
RE Att – 1 day back 406 list Sold 114
All Residential Totals
Dec 09 shows all Residential Listings totalled 9880
Dec 08 shows all Residential Listing totalled 16,188
For sale sign waxed up and ready Mom!
Careful Ma – you know what the doc said about your blood pressure