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


Search found 806 matches

by thinktom
Sun Mar 01, 2015 9:34 pm
Forum: Real Estate Talks
Topic: Metro Vancouver real estate bidding wars spreading to suburb
Replies: 32
Views: 16653

Re: Metro Vancouver real estate bidding wars spreading to su

But Somerville cautioned those who are thinking of jumping into the market not to move too quickly. "My general feel is that the more you panic around house purchase, the less happy you'll be in the long run. Because fundamentally whatever drives your purchase, you're going to be in that house for ...
by thinktom
Sun Mar 01, 2015 9:33 pm
Forum: Real Estate Talks
Topic: Discount realtor?
Replies: 15
Views: 12698

Re: Discount realtor?

I'm jealous so I refuse to congratulate you.








Joking! Congrats!
by thinktom
Sun Mar 01, 2015 9:31 pm
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Re: Game Over.

I love the Internet. One small comment about earthquakes and I get to learn a ton about insurance. Thank you people. :wink:
by thinktom
Sun Mar 01, 2015 9:24 pm
Forum: Real Estate Talks
Topic: Panic selling in the UK
Replies: 9
Views: 7098

Re: Panic selling in the UK

Where is ol' Garth??
by thinktom
Mon Feb 23, 2015 2:43 pm
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Re: Game Over.

Thinktom: Geyser, That article was about greater Vancouver and I never pretend to know what's going on past my aforementioned areas that I work in. If you think prices are actually lower, I invite you to come out with me next weekend to experience the Eastside and Westside detached market. Feel fre...
by thinktom
Sun Feb 22, 2015 8:13 pm
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Re: Game Over.

We are finding many foreign investors liking the Canadian dollar and interest rates right now. I bet some local buyers are saying this is not fair because the foreigners have an already 20% discount on the house prices due to exchange rate. Absolutely. Then again whoever said that any kind of 'free...
by thinktom
Sun Feb 22, 2015 8:08 pm
Forum: Real Estate Talks
Topic: Here's Why the Market for Single Family Homes is So Active
Replies: 7
Views: 5845

Re: Here's Why the Market for Single Family Homes is So Act

chinabuyer.JPG
I saw this on the craigslist today.

Wow. I've never seen this before. I would be very interested to see what kind of deal they're trying to pull off
by thinktom
Sun Feb 22, 2015 8:03 pm
Forum: Real Estate Talks
Topic: Discount realtor?
Replies: 15
Views: 12698

Re: Discount realtor?

Yes I'm fairly certain that was the guy telling everybody to sell, sell, sell a year ago wasn't it?

Send me a DM curious and tell me what you need maybe we can help you out.
by thinktom
Sun Feb 22, 2015 8:01 pm
Forum: Real Estate Talks
Topic: Proof that Vancouver prices are coming down
Replies: 12
Views: 9226

Re: Proof that Vancouver prices are coming down

Proving once again that asking price, tax assessments.... they can all mean absolutely nothing sometimes.
by thinktom
Sun Feb 22, 2015 7:58 pm
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Re: Game Over.

I was asked to reply to a few questions. First of all many builders are desperately looking for lots and they are actually involved in the bidding wars as well when normally they avoid them like the plague. The one 3 million Dollar listing had 29 offers probably had half of them with no subjects, al...
by thinktom
Sun Feb 22, 2015 7:54 pm
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Re: Game Over.

Ooops! :shock: I just stumbled across this new report saying Greater Vancouver home prices have slipped 2.6% since December: Greater Vancouver home sales prices slip as number of sales increase: CREA | Real Estate | Business in Vancouver A total of 3,125 homes were sold in January across Greater Va...
by thinktom
Fri Feb 20, 2015 12:20 am
Forum: Real Estate Talks
Topic: 10 Years at RET
Replies: 52
Views: 31590

Re: 10 Years at RET

I still post here and I still respect the opinions of the bulls and bears who still post here. Yes that seems to be more noise and less information but I still think it's valuable to come back every once in a while. I still do my best to report the market action without any bias.
by thinktom
Fri Feb 20, 2015 12:18 am
Forum: Real Estate Talks
Topic: Game Over.
Replies: 69
Views: 34477

Game Over.

Please note that I make this post with a large amount of respect for the Bears who have over the years posted many points that would lead to perhaps a market correction in Vancouver at some point. But in the last two weeks I've seen a property listed at 3 million have 29 offers and sell for $750,000...
by thinktom
Thu Jan 29, 2015 12:36 pm
Forum: Real Estate Talks
Topic: Why aren`t the cut-rate Realtors thriving...
Replies: 32
Views: 18476

Re: Why aren`t the cut-rate Realtors thriving...

I think the question is less why discount Realtors are not thriving and more why aren't people listing of their own properties and using the services of companies that are providing services ala carte. & I think the answer is that buyer agents will not show properties that are not being listed by f...
by thinktom
Mon Jan 12, 2015 10:36 am
Forum: Real Estate Talks
Topic: Happy New Year
Replies: 14
Views: 4721

Re: Happy New Year

Better late than never. I was away. Happy New Year to you all. I hope 2015 proves to be a wonderful and healthy year for all of you.

Tom