FFFA! Inspections, Inventory, Data & The Bear Show

Hey, you made it to the end of another work week! Lets do our regular end of the week news round up and open topic discussion thread, here are a few links to kick off the chat:

Don’t trust the realtors inspector?
Old inventory hits the roof
Inventory hits highest level in decade
Man loses $745000 condo deposit
It’s a dogs market in Vancouver
So far so good for soft landing
or not
Ah, historical data
Are you going to the show?

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

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Amanda Li
Guest
Amanda Li

The Sun is going to rise in the west tomorrow.
The VCI bears are quiet, even though its past 6 a.m.
Price of gold and other PMS is plunging.
Stock market bubble is about to burst.
The global debt is huge.
Japan is pumping $81 billion a month. No effect.
USA is pumping $85 billion a month. No effect.
Ditto for EU
The world is coming to an end.
Meaningless to buy a home at this point in time.

Amanda Li
Guest
Amanda Li

Slovenia can’t sell bonds.

Anonymous
Guest
Anonymous

Amazed how much effort trolls put into writing here. Microcosm for Vancouver- not enough else to do but be unproductive.

Q
Guest
Q

A tattoo parlour that has been on Scott Road in Delta for 18 years is going to have its annual business licence fee increase from $97 to $3525. That’s a 3634% increase!!! The reason is Delta wants to revitalize the Scott Road strip and doesn’t want so many tattoo shops and cheque cashing places. Without those, the only other businesses cater to the Indian community. I guess the whole strip is going to go Indian now.

http://www.cbc.ca/news/canada/british-columbia/story/2013/04/11/bc-scott-road-business-ban.html

Gail Whiteperson
Guest
Gail Whiteperson

that’s horrible. tattoo shops and money mart are an essential part of caucasian culture. it sucks that they are being pushed out for indian busienss. ‘5 bucks on a hun’ is as canadian as the ‘double double’.

what has this country come to?

Anonymous
Guest
Anonymous

Conservatives dropping in the Polls. Liberals ahead of them now.

Spread the the truth about these big business scumbags;

1) Telecom collusion
2) domestic open skies policy.
3) dairy not poultry cartel
4) big oil
5) cmhc
6) big banks that run our country
7) Temp Foreign Workers – just have permanent foreign workers.
8) media concentration

Feel free to add…

Anonymous
Guest
Anonymous

>Feel free to add…

9) Fuck off

Short'em High
Guest
Short'em High

@VHB. What was your month end sales estimate based on yesterday’s @paulb number?

Anonymous
Guest
Anonymous

Post #7

Feeling scared?. You should be asshole!

Yoda
Guest
Yoda

RE Post 9

My line that is, stole it you have!

Makaya
Member
Makaya

Hey guys, keep it civilized. It’s Friday today 🙂

suomynonA
Guest
suomynonA

Troll day falls on a friday this week? 😀

Now imagine, if you guys put half as much effort into getting your clients to lower their price maybe you could get that house sold, collect your commission cheque and move on.

Very Little Gravitas Indeed
Guest
Very Little Gravitas Indeed

The trolling seems to have gotten more aggressive since the bitcoin crash. I wonder how many had their dreams of getting out from under their debts crushed?

Dave
Member

Hey guys. Haven’t posted for a while. What’s the mood at VCI? Are most still hopeful for a correction still? Or has there been any capitulation?

/dev/null
Member
/dev/null

#14 – Disappointed to see that you dragged “Dave” out of the sockpuppet box, Mr. “Haven’t posted in a while”.

Groundhog
Guest
Groundhog

@14 I’m just hoping things continue as they do this spring. Come summer/fall I expect more price drops. My plan is to start looking late 2014, early 2015.

Dave
Member

/dev/null… Hardly a sockpuppet. You’re talking to the guy who still has a perfect track record here at VCI. You should feel privileged that I have returned to drop knowledge.

Groundhog, seems like a reasonable plan to me.

Makaya
Member
Makaya

@Dave: You’re talking to the guy who still has a perfect track record here at VCI.
Could you please refresh our memories about what your track record is?

You should feel privileged that I have returned to drop knowledge.
We do. Please share more of your knowledge to us. I’m really craving for it.

Dave
Member

Makaya, back in 2008 before the correction, I said a correction was coming. That wasn’t very contentious at the time because everybody was calling for a crash. However, I said the market would not drop more than 15%. That turned out to be correct. Right before the bottom of the market, I predicted we would have a strong bounce and that prices would start to recover. That was also correct. I predicted that the market would not make new highs, which it did, so I was wrong there. I predicted that after the recovery, prices would be mostly flat with a relatively slow market. That has since been proven correct.

We could go into some of my macroeconomic predictions as well, but that’s another day…

bird-man
Guest
bird-man

China reports 1 new bird flu death, 2 new infections, bringing total deaths to 11

Read more: http://www.ctvnews.ca/health/china-reports-1-new-bird-flu-death-2-new-infections-bringing-total-deaths-to-11-1.1235051#ixzz2QH2UKrDo

Anonymous
Guest
Anonymous

@ Dave 19

So where do we go from here?

southseacompany
Member
southseacompany

“It’s a problem when Vancouver condos sell, but the lights stay off” Globe and Mail, 12apr13.

http://www.theglobeandmail.com/life/home-and-garden/real-estate/its-a-problem-when-vancouver-condos-sell-but-the-lights-stay-off/article11147711/

“They’re pushing up property prices by using Vancouver real estate to store their money as if it were one giant “safety deposit box,” to quote one of the panelists.”

Goldmember
Guest
Goldmember

Hello deflation! Got gold? Got Van House?? 😉

Anonymous
Guest
Anonymous

were sales really 30% higher last month compared to the month before?

http://www.youtube.com/watch?v=KjlBQTqp878&feature=youtube_gdata_player

VMD
Member

Remember “The Met”, one of the presale condos by metrotown that had the customary line-up and tents?
An ad appeared on several Chinese RE portals yesterday:

“Seeking transfer of presale contract in The Met. 5th floor, 1BR+Den, 703sf.
At original price of $327,900. Paid 10% deposit already. Another 7% due Apr 18, 2013. Another 3% due Jan 31, 2015. Completion Fall 2015.”

– LOL, can’t pay the 7% due in 6 days?

Via google translate

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