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pricedoutfornow
Guest
pricedoutfornow

Thanks for the update on the Greenwood house. I’ve also been driving by this house for the past couple years and last weekend wondered how much it was currently selling for. It seems like most of the city of Greenwood is for sale.

yvr2zrh
Member

Given the really low number of postings yesterday on a sunny Saturday long weekend – – it goes to show that most of us actually have a life outside this blog!!! Then again, maybe we were all out at those busy open houses.

jesse
Member

That’s a mighty price drop, in real terms even worse. There is significant distress out there, but few seem to want to talk about it. In some parts of the province the bust is entering the third quarter.

Patiently Waiting
Member
Patiently Waiting

@ZRH2YVR: I saw no open houses in my neighbourhood. It makes sense because half the population was gone camping, I think. With so few cars on the road, it was a great day for biking 🙂

Anonymous
Guest
Anonymous

@jesse: “That’s a mighty price drop…”

Yes but we really don’t know if they were just dreaming up that price in the first place. Unless we have previous sales history or at least comparable sales history these price drops are really meaningless. 239 K for a tear down 125 year old house on a busy highway in the middle of nowhere doesn’t sound cheap to me. The place may not have sold for today’s asking price back in 2007.

Ridiculous
Guest
Ridiculous

That house is worth 50k, maybe. There isn’t even any land that goes ith it.

jesse
Member

@Anonymous: “Unless we have previous sales history or at least comparable sales history these price drops are really meaningless

Prices in the interior are coming down, I’m hearing reports of properties selling at prices they were 10 years ago (after adjusting for inflation). These are scant occurrences but that they’re happening at all is telling. Some people just want to GTFO. I’m not saying now is the time to buy but there are some sporadic sales that are relatively cheap compared to a few years ago (and none of them in Vancouver).

Anonymous
Guest
Anonymous

back for a tour? you never left this place at the first place, you fake…

Anonymous
Guest
Anonymous

@Patiently Waiting: you have too much free time to snoop around people open houses.

Anonymous
Guest
Anonymous

I was in Whistler for the long weekend and it was dead. Just gangs of 18 yr olds up for grad dining and dashing on their bills.

Whistler will never go back to the glory years of the early 2000’s and it shows on the faces of every person who works in retail up there. I never did actually see a realtor but there must be a few left.

McLovin
Guest
McLovin

That was me

Anonymous
Guest
Anonymous
@Anonymous: “Whistler will never go back to the glory years of the early 2000′s and it shows on the faces of every person who works in retail up there” Whistler continues to tank. It’s probably a good indicator of what’s in store for Vancouver: sticky price decline but inevitable slide. Lots of room for prices to drop a lot more in Whistler (just wait for Vancouver’s shellacking to get worse). Whistler had all the same bubble monikers as Vancouver: ‘everybody want’s to live there’, ‘there not making any more land – hemmed in by mountains – in spite of the fact that there were at least 75 ‘last developments in Whistler’, ‘prices only go up’, etc. etc. (Cam Good took a dump there). It’s all over. Buying in Whistler right now would be an even bigger mistake than buying in… Read more »
Anonymous
Guest
Anonymous

@Anonymous: whereabouts on the island?

Anonymous
Guest
Anonymous

Everyone wants to pretend they are too popular, busy or partying to post on a blog over a long weekend. Oh well, I’ll be anonymouse too! Pope, expose everyone then have us sit on our hands until Wednesday.

Curtis
Guest
Curtis

What the hell is that Regal Ridge sculpture? Is that supposed to be Bigfoot or the swamp thing, and how is that supposed to make you want to buy real estate?

Looks like someone creeping through the bush.

Bilbo Bloggins
Guest
Bilbo Bloggins

Oh man are small towns in BC ever going to take it up the chute or what.
There’s zilch for economy and prices are still ridiculous.
Waiting to cash in on rich boomers retiring?
Buying into the Ozzie mantra. “Buy anything within 4 hrs of Vancouver”.
How’s it feel getting sued old man?

VMD
Member

Taking the 888 marketing to the max.
MLS®: V948888
For Sale: $438,888
Address: # 1508- 7088 18th Ave
Primary photo on MLS: you guessed it..

http://www.realtor.ca/propertyDetails.aspx?propertyId=11905038&PidKey=93785616

(I’ve been tracking a couple condos in Richmond/Burnaby area – Listing prices are gradualymelting over the last few months, and inventory has been steadily rising, first the 1BRs, but now the 2BRs are springing up all over the place too)

jesse
Member

@VMD: What’s it rent for? Asking for a friend.

Anonymous
Guest
Anonymous

I’m assuming this will go down as a crappy sales weekend.

Happy Victoria Day!

dyugle
Guest
dyugle

Or you could buy the 2.59 acre 18,000 square foot old elementary school for the bargain price of 230,000 on the same street in Greenwood.
MLS K213056

Patiently Waiting
Member
Patiently Waiting

A few weeks ago, we were planning a possible trip through the southern Interior. We were hoping to see as many festivals as we could. Well, it turns out most have been canceled. Probably a combination of government cutbacks and poor economies. Expect to hear about more burning restaurants.

Patiently Waiting
Member
Patiently Waiting
Patiently Waiting
Member
Patiently Waiting
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