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Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 7:53 am
by tdma800
Educated people know that the owners do not take prices less than the Government says its worth. They will encourage people to compete. They know, since unlike the typical unwashed masses, they know whats up.  Those properties that person has written, he knows on the way to the moon.

To infinity and beyond!!

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 2:25 pm
by eyesthebye2
It used to be that sellers would never accept under assessed value.  Then it was they would never accept what their neighbour got.  Then it was they would never accept less than they paid.

These guys keep moving the goalposts so they can pretend that the market is still up.

All those houses ETB has posted - deep down he knows that they would have sold for $300K more in May of last year.  Now he is just grasping at straws praying his retirement savings doesn't go up in smoke.
Until bc assessment moved the goalposts 30% upwards. Now under assessed is the new norm...but the house sales valued havent changed much.

Sorry I touched a nerve buddy. I wish housing was more affordable for families - and if youve been listening to me for 8 years you know what I propose to help.

Also, my house is for my kid. I have my retirement income covered already...thanks for your concern. Lol

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 2:39 pm
by reallyreal2
That's fine.  I think China has done more for BC than BC has ever done for itself.

Now that they have turned off the taps, Vancouver RE will go down the toilet.  If the Chinese continue wanting to come here, then Vancouver RE will go to the moon.  There is no in between.

When my children are older, I will encourage them to live anywhere else but here.  They will thank me for it.

PS - you didn't hit a nerve.  I actually think your point of view is comical  :lol:

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 3:14 pm
by yzfr1
When my children are older, I will encourage them to live anywhere else but here.  They will thank me for it.
This is the most rational thing I've seen you posting. This is exactly spot on, if you can't afford to live here do something proactive! Move somewhere else. I can't stand all the people crying about raising interest rates, trying to get gouverment to intervene... afordable housing #donthave1milliondollars.

If the roles were reversed and they had a home go from $500,000 to 1 million would be they still be such a social justice warrior.

As for you, reallyreal2 trust me realestate has hit your never many times. Bears likes you have allot of bottled up resentment towards the market. If it was buisness you bears would have figured out a way to squeeze a dollar out of this boom. Anything up till last year was a sure win... Even people who bought in 2008 trough would still be a winner. Yet the whole time the bears were just tunnel visioned by emotion. Very similar to equity trading....

No one in their right mind would hold onto such a bitter view for so many years unless it was personal and emotional.

do yourself a courtesy and stop lying to yourself.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 3:28 pm
by tdma800
When my children are older, I will encourage them to live anywhere else but here.  They will thank me for it.
This is the most rational thing I've seen you posting. This is exactly spot on, if you can't afford to live here do something proactive! Move somewhere else. I can't stand all the people crying about raising interest rates, trying to get gouverment to intervene... afordable housing #donthave1milliondollars.

If the roles were reversed and they had a home go from $500,000 to 1 million would be they still be such a social justice warrior.

As for you, reallyreal2 trust me realestate has hit your never many times. Bears likes you have allot of bottled up resentment towards the market. If it was buisness you bears would have figured out a way to squeeze a dollar out of this boom. Anything up till last year was a sure win... Even people who bought in 2008 trough would still be a winner. Yet the whole time the bears were just tunnel visioned by emotion. Very similar to equity trading....

No one in their right mind would hold onto such a bitter view for so many years unless it was personal and emotional.

do yourself a courtesy and stop lying to yourself.
he/she/it didnt know that there are ever increasing amounts of dough, from citizens and otherwise. Just remember the modern in thing is to want with others have that you dont have, and in essence drool, or otherwise diss them for it.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 3:46 pm
by VanBullBear
Did you see those houses buddy? And those were above asking prices of 1.3 1.4 and 1.69M - not 500k
I made an exaggerated example because you seem to be struggling understanding the concept of what a market is.
You asked the question

"If the psychology of the market is negative, how does a buyer convince themslves to pay above asking price? Clearly there are some astute buyers that know this Vancouver detached market."
You are struggling to understand how a buyer can pay more above asking price in a falling market so I gave you an example where the ASK price is LESS than the MARKET PRICE.
The only thing that matters is where the MARKET PRICE is headed (market price being the price point where a buyer and a seller can agree on a transaction).

If a person puts up an east VAN home for 10 million (ASK PRICE) and agrees with a buyer to sell it for 3 million (MARKET PRICE) - it does not necessarily mean the market is falling. Conversely, If a person puts up the same home for  for 1 million (ASK PRICE) and agrees with a buyer to sell it for 3 million (MARKET PRICE) - it does not necessarily mean the market is rising. It's all relative to the market price, the only thing that matters in the end is where the MARKET PRICE is headed.

Has the market price been falling for the last few months? - Yes
You need to get out of the mind set of absolute values - everything is relative.


You also keep contradicting yourself as well, which makes it difficult to understand what you're really thinking. Secret troll?

ReallyReal2 stated that ASK prices don't mean anything
ReallyReal2:
 "Asking prices doesn't mean anything. Half the time, it is a re-list where the house was asking $1.9, then down to $1.75, then $1.6M... "
In which you replied you're not comparing ASK vs SALE price on your posts
eyesthebye2:
 "Im not posting over ask sales for that purpose. Look at the house and the sales price. Given what you see its pretty tough to argue the market is in a depression."
Then you later on state
eyesthebye2: 
"I'm not convinced the market is that bad with over asking price sales"
There is dissonance in your logic. This is a typical symptom of a person trying to rationalize against reality (aka being in denial). You don't really think things through before expressing your thoughts.

Pent up Demand!
Chinese buying and selling in a matter of months only to lose 100k, but it's all part of their plan!
Realtor Logic for the win! :lol:
 

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 3:52 pm
by tdma800
It used to be that sellers would never accept under assessed value.  Then it was they would never accept what their neighbour got.  Then it was they would never accept less than they paid.

These guys keep moving the goalposts so they can pretend that the market is still up.

All those houses ETB has posted - deep down he knows that they would have sold for $300K more in May of last year.  Now he is just grasping at straws praying his retirement savings doesn't go up in smoke.
Until bc assessment moved the goalposts 30% upwards. Now under assessed is the new norm...but the house sales valued havent changed much.

Sorry I touched a nerve buddy. I wish housing was more affordable for families - and if youve been listening to me for 8 years you know what I propose to help.

Also, my house is for my kid. I have my retirement income covered already...thanks for your concern. Lol
Knowlegeable(licensed) people know that purchasers can do their transactions above or below the price whehther or not the market is falling or risiing. Experienced people know what the situation is every winter. Many parts have a relavance, especially the Government assessments.  Most people know that there are people from many countries coming to buy.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 4:35 pm
by eyesthebye2
Look at the sales I'm posting and disregard asking vs selling vs assessed.
Given the example sales at 1.4 to 1.8 million, nobody who has an honest viewpoint can tell me the market is tanking.
Those are rundown old homes.
Sorry buddy.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 4:36 pm
by reallyreal2
When my children are older, I will encourage them to live anywhere else but here.  They will thank me for it.
This is the most rational thing I've seen you posting. This is exactly spot on, if you can't afford to live here do something proactive! Move somewhere else. I can't stand all the people crying about raising interest rates, trying to get gouverment to intervene... afordable housing #donthave1milliondollars.

If the roles were reversed and they had a home go from $500,000 to 1 million would be they still be such a social justice warrior.

As for you, reallyreal2 trust me realestate has hit your never many times. Bears likes you have allot of bottled up resentment towards the market. If it was buisness you bears would have figured out a way to squeeze a dollar out of this boom. Anything up till last year was a sure win... Even people who bought in 2008 trough would still be a winner. Yet the whole time the bears were just tunnel visioned by emotion. Very similar to equity trading....

No one in their right mind would hold onto such a bitter view for so many years unless it was personal and emotional.

do yourself a courtesy and stop lying to yourself.
Funny post.
Keep living in denial.  Market topped in May of 2016 - where the bottom is, nobody knows!  LOL
FYI - I can afford to live here.  I just happen to think the premium for living here is absolutely comical.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 4:38 pm
by reallyreal2
Did you see those houses buddy? And those were above asking prices of 1.3 1.4 and 1.69M - not 500k
I made an exaggerated example because you seem to be struggling understanding the concept of what a market is.
You asked the question

"If the psychology of the market is negative, how does a buyer convince themslves to pay above asking price? Clearly there are some astute buyers that know this Vancouver detached market."
You are struggling to understand how a buyer can pay more above asking price in a falling market so I gave you an example where the ASK price is LESS than the MARKET PRICE.
The only thing that matters is where the MARKET PRICE is headed (market price being the price point where a buyer and a seller can agree on a transaction).

If a person puts up an east VAN home for 10 million (ASK PRICE) and agrees with a buyer to sell it for 3 million (MARKET PRICE) - it does not necessarily mean the market is falling. Conversely, If a person puts up the same home for  for 1 million (ASK PRICE) and agrees with a buyer to sell it for 3 million (MARKET PRICE) - it does not necessarily mean the market is rising. It's all relative to the market price, the only thing that matters in the end is where the MARKET PRICE is headed.

Has the market price been falling for the last few months? - Yes
You need to get out of the mind set of absolute values - everything is relative.


You also keep contradicting yourself as well, which makes it difficult to understand what you're really thinking. Secret troll?

ReallyReal2 stated that ASK prices don't mean anything
ReallyReal2:
 "Asking prices doesn't mean anything. Half the time, it is a re-list where the house was asking $1.9, then down to $1.75, then $1.6M... "
In which you replied you're not comparing ASK vs SALE price on your posts
eyesthebye2:
 "Im not posting over ask sales for that purpose. Look at the house and the sales price. Given what you see its pretty tough to argue the market is in a depression."
Then you later on state
eyesthebye2: 
"I'm not convinced the market is that bad with over asking price sales"
There is dissonance in your logic. This is a typical symptom of a person trying to rationalize against reality (aka being in denial). You don't really think things through before expressing your thoughts.

Pent up Demand!
Chinese buying and selling in a matter of months only to lose 100k, but it's all part of their plan!
Realtor Logic for the win! :lol:
 
ETB is famous for moving the goalposts.  
They will never admit the market is down - they expect it to move down  75% overnight - can't be a slow bleed with idiotic purchases along the way.  

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 4:40 pm
by tdma800
When my children are older, I will encourage them to live anywhere else but here.  They will thank me for it.
This is the most rational thing I've seen you posting. This is exactly spot on, if you can't afford to live here do something proactive! Move somewhere else. I can't stand all the people crying about raising interest rates, trying to get gouverment to intervene... afordable housing #donthave1milliondollars.

If the roles were reversed and they had a home go from $500,000 to 1 million would be they still be such a social justice warrior.

As for you, reallyreal2 trust me realestate has hit your never many times. Bears likes you have allot of bottled up resentment towards the market. If it was buisness you bears would have figured out a way to squeeze a dollar out of this boom. Anything up till last year was a sure win... Even people who bought in 2008 trough would still be a winner. Yet the whole time the bears were just tunnel visioned by emotion. Very similar to equity trading....

No one in their right mind would hold onto such a bitter view for so many years unless it was personal and emotional.

do yourself a courtesy and stop lying to yourself.
First of all, people are in the present and future. Houses have yet to get to the max.  Other unnamed individuals are just drooling with envy.  The cost of living here in the best place is normal.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 4:41 pm
by tdma800
ETB is famous for having reality and licensed information. They know what the winter market is. To the moon! 

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 5:23 pm
by eyesthebye2
Reallyreal Vanbull etc
Youre arguing for the sake of disagreement.
When you buy your home let me know how ya did. That really is the bottom line.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 6:51 pm
by eyesthebye2
This one will most likely become an air bnb


65 east 48th ave
1710sqft detached built 1948
33x122 RS1 lot
Asking $1,499,000
Sold $1,738,000 on 06-Feb-2017
West of Main Location! Hurry on this one! Situated on a beautiful quiet street amongst multi-million dollar homes is this lovingly cared for charming residence with 3 bedrooms and 2 baths. This is an excellent opportunity to hold and build your dream home later. Located in the Westside school districts of Van Horne Elementary and Eric Hamber Secondary without having to pay Westside property taxes! Just a quick walk to YMCA, Canada Line sky train, Oakridge Mall, Langara and Sunset community Centre.

Re: Vancouver indvidual property sales details

Posted: Thu Feb 09, 2017 7:04 pm
by reallyreal2
Reallyreal Vanbull etc
Youre arguing for the sake of disagreement.
When you buy your home let me know how ya did. That really is the bottom line.
Bought my home long time ago - bet you can't believe that, can you.
Not going to even try to convince you.  I'm just not stupid enough to believe all the hype of the market like every tom dick and harry realtor out there.