Risen from the dead LOL
It's been fun skiing for the last four months and this past winter I had a great time blogging about it. There's still good snow out there, but I'm getting too busy with real estate work to do much spring skiing. Despite being left for dead by the other blogs(how many times is it now?), like the robins, every spring you can count on DailyStats.ca to return. Unlike the birds, we'll stir up a little controversy.
When I embarked on my annual 1000K cross-country journey it looked like the end of the world was coming. Sales in November were down 39%. Not to be outdone, sales in January were down an astonishing 49%. The median price of an average house has dropped 12% since last year at this time. The flip side of that coin is that many people have been priced back into the market. Interest rates are the lowest they've ever been. An acquaintance who has a prime -1.01% mortgage has an interest rate of 1.49%. One point four-nine percent!! Amazing.
We're always full of new and creative ideas in order to help our clients achieve their goals. Last October, I gave bloggers an opportunity to weigh in and show their expertise at pricing a property and determining how long it would take to sell. As you know by know, the property sold quickly at a good price in the worst market conditions we have seen in the last 25 years. Side by side duplex is sold. There were a lot of interesting predictions, some amazingly bad and some almost dead on. I'd like to offer this opportunity to any sellers out there who would like to take advantage of the fantastic exposure this blog can give you. If you have a house to sell, and are brave enough to hear what everyone thinks your house is worth, give me a call 403-650-2514 or send me an email bobtruman@shaw.ca
I'm serving notice, there will be no more Mr. Nice Guy this year. If you send me a comment which does not pass the approval committee's standards, it won't be posted. There is another blog where you can post your insults, vulgarity, and criticism of realtors.
Don't waste your time trying to get it published here.
Are you as surprised as I am that prices have stabilized? Is it just a temporary blip on the downward slide? Have we hit bottom? Where are we headed? I hope someone can tell me, because I sure don't know. Did anyone build a bunker and stock up on canned food? Predictions are welcome.
It's great to be back!