Battlemap: My God, it’s full of blue.

VMD has updated his Vancouver Real Estate Battle Map.

Here’s the May 2013 SFH edition:

Now that tax season and vacations are over and done with, we head back to the Battlefield!

– Fraser River turned crimson with Bovine blood as the REBGV Bulls failed to defend their Last Stand in Coquitlam. The Bear Army pressed forward and took control of North Surrey for the first time in this War.

– The Bears diverted their main attack forces in Van West & Richmond to solidify control of outskirts such as West Van, Burnaby, Ladner, Poco & Tsawwassen.

– The following Bull Territories are facing imminent defeat: Surrey.

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paulb
Member
Active Member

New Listings 300
Price Changes 140
Sold Listings 105
TI:18070

http://www.paulboenisch.com

Makaya
Member
Makaya

That’s more like it today… Thanks paulb!

Snack
Guest
Snack

When Is the season we normally see sales higher than listing?

VMD
Member

@ Snack:
December. Just not last year & ’08.
Dec Sale/List Ratio
2012: 82.8
2011: 101.8
2010: 111.8
2009: 116.8
2008: 59.6
2007: 111.9

Loon
Guest
Loon

Happy 18K everyone !

BULL! BULL! BULL!
Guest
BULL! BULL! BULL!

18K WUTSZAT

crikey
Guest
crikey
Until recently British Columbia’s longstanding advertising slogan was “The Best Place on Earth”. Indeed there is a list of very good reasons for such pompous conceit, extreme arrogance… Move over ‘Chuck Norris facts’, here come ‘Vancouver facts’! Vancouver fact #66 Children in Vancouver seldom bother to buy chewing gum. There is no point do doing so, because everybody knows that some fundamental laws don’t apply to Vancouver, bubbles cannot ever form in Vancouver. Vancouver fact #27 Vancouver is home to the greatest Wizards in on Earth! Harry Potter and Gandalf look like rank amateurs compared to Cam Good, a Wizard/salesperson who once put a group of Vancouver property salespeople in a yellow helicopter and magically transformed them on the evening TV news into well-monied overseas investors scouring the city for purchases. More recently, the Wizards at ‘MAC Marketing Solutions’ took… Read more »
BULL! BULL! BULL!
Guest
BULL! BULL! BULL!

HAPPY 18K WHAT DOES IT MEAN

George Soros
Guest
George Soros
Thanks for putting the time in on the map. I guess the BULL forces have gathered the Realtard youth core in Surrey and Langley to make the last stand. Imagine turned over BMW’s (6 months behind in payments) stacks of “SOLD” stickers and unused Blackberry’s all piled together in the streets to create barricades. The Realtard youth who were lured by easy money for no work in an unethical industry cowering behind the barricades saying: “I never signed up for this – shit I missed the glory years of 2005-2011. I’m too young to die!” all as the BEAR tanks roll relentlessly towards them. Suddenly a lone figure climbs over a burning Mercedes S class and stands on the roof, Its BULL! BULL! BULL! screaming “Where’s the crash?” The Realtard youth cheer as their hero speaks just before a Hellfire… Read more »
patriotz
Member

This is not your 1990s housing market
Well the headline is right, but not in the sense that Larry is arguing. Real house prices, price/rent, and price/income were all much lower at the top of the Toronto bubble around 1990.

Bailing in BC
Guest
Bailing in BC

Ha ha!

“My God, it’s full of Blue!”

Best heading ever!!!!!!

Anonymous1
Guest
Anonymous1

Get ready for a return of HAM and more…

Info has been leaked to the rich overseas to get their applications ready!!!

Quebec will accept 10’s of thousands of these millionaire applicants under their program. When here, they have to land in Quebec, stay for a few hours and off to Vancouver and Toronto they go. Quebec gets millions to use interest free for 5 years.

Maybe time to kick Quebec out of Canada?

Read it here :

http://www.emirates247.com/news/emirates/popular-canada-immigration-scheme-may-reopen-2013-06-02-1.508775

Anonymous1
Guest
Anonymous1

And all that blah blah blah about Bond yields rising last couple of weeks. –> Well, They’re going down now!!

http://www.brandonsun.com/business/breaking-news/canada-bond-yields-and-prime-rates-for-wednesday-june-5-210298051.html?thx=y

jesse
Member

Two-year: 1.040% (1.069)
Overnight lending rate: 1.00%

Apparently the next move is up 😉

DamienC
Guest
DamienC

Patriotz #10

Larry MacDonald is the worst kind of business journalist alongside Susan Pigg from The Star.

Look at the history of his articles for the past year. He has always been very bullish on real estate. he even denied the slow down of the market until late 2012 and it was actually happening. He throws random numbers or facts (and sometimes completely false) to the readers to persuade them he is a specialist.

With the fall in revenue for newspapers, it would nice to know how these “journalists” are actually paid.

Pdub
Guest
Pdub

US 30 Year fixed mortgage. 4.16%. One month ago 3.48%

Anonymous
Guest
Anonymous

“It’s full of Blue”, lol. The bulls will soon be watching the children’s TV show “Blue’s Clues” and using their “handy dandy notebooks” to learn how to solve problems and figure out what happened. Well, they have to start somewhere.

Higher rates
Guest
Higher rates

” And all that blah blah blah abou Bond yields rising ”

The bla blah blah is the loudest in 5 years. To ignore it or to fight it is denial. Utility stocks are getting slaughtered again today, just like greedy overextended home owners will get slaughtered.
Anyone with a lick of common sense should have known it was just a matter of time that the printing presses would get bogged down in the mountains cash they were spewing out.

It could take a while, but we’re going to see the reversal of the falling rates that spurred the housing marked upwards in 2009. The bulls are just too dumb to understand what is happening here.

Bring it baby, bring it!

Groundhog
Guest
Groundhog
Anonymous
Guest
Anonymous

Pdub:

Why comment on us bond yields. Last time I looked Vancouver is in Canada. I get ur reasoning, India bonds yields are over 7%, that’s going to crash the market in vancouver. Rubbish.

someone
Guest
someone
I saw a real estate ad in that rag free Metro newspaper on my way to work this morning that I just HAD to share with this group. The headline of the ad: “Live Mortgage FREE for 24 months!” The text of the ad: “Stop paying your mortgage! We do it for you…for 2 years! Tell your banker, your landlord, your friends, your mom…”I’m buying at Elliot Street…because the developer pays the first 24 months mortgage payments, not me.” That’s 24 months of living mortgage free while the developer makes every one of your mortgage payments for you! This is a very limited time offer and due to the crazy response we expect from this you’d better go to our presentation centre RIGHT NOW!” Once we’ve done 26 deals, this offer is completely 100% over (and we aren’t kidding about… Read more »
UBC in crisis mode
Guest
UBC in crisis mode

someone Says:
The headline of the ad: “Live Mortgage FREE for 24 months!”

That means the price of those over priced condo has been reduced by $36,000? (e.g. $1,500 a month).

Higher rates
Guest
Higher rates

” Why comment on US bond yields. Last time I looked, Vancouver is in Canada ”

WOW!
That shows us the sad and hopeless mindset of our unwashed bulls.
Surely, further explanation of the impact from higher bond yields is not necessary.

Seafair Dweller
Guest
Seafair Dweller

#21 @Someone

Best part of the Metro ad was the “June 5 deadline”. It’s now June 6! Thanks for your post, I saw the ad too and was flabbergasted.

Canary in the RE mine
Guest
Canary in the RE mine

Remember the saying:
Sell in May and go away.
That’s what the sellers did in May.

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