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Thread: Calgary real estate prospects

  1. #801
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    Quote Originally Posted by TomcoPDR View Post
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    What’s from someone else reading this secret from copying your proprietary investment strategy?
    Everyone else is a stoopid spoiled Canadian with too big of lots.

    Once you live in a few shoeboxes in Asia you miraculously know everything there is to know about Canadian real estate. Look at Vancouver. Hawwwwt
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Quote Originally Posted by TomcoPDR View Post
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    What’s from someone else reading this secret from copying your proprietary investment strategy?
    Be reels. I is smrt. Dey r dum.
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

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    Wait... This is the guy who lives in a drawer somewhere in Asia? I thought he was an exec in the Rotary Club. Can he help me win a show home with a jet ski, or not!??!
    That's how I decide whose side of the argument I'm supporting.

  4. #804
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    A single dethatched finally came up for sale in my community on friday and its gone already so theres still some action. Not saying the market as a whole is hawwt but theres still some heat

    Quote Originally Posted by cjblair View Post
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    A realtor telling you "now is a good time to list"? Imagine that.
    True lol it wasnt just him though



    Quote Originally Posted by pheoxs View Post
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    Seems dumb to list right now. Sure you can probably sell it for asking in a few weeks but with active listings significantly below normal as still dropping thereís no rush. Why not wait until spring when thereís more buyers so you can hopefully get a bidding war going.

    Right now thereís 1,979 detached properties for sale in Calgary. 2 years ago this time of year it was 3,400 listings. And sales continue to outpace new listings which means spring is going to be chaos. I wouldnít wait for summer as things might taper off with rate changes coming but Feb-Mar is looking like the stars aligning to sell a house.
    I was on the same boat as i feel the 1st quarter of next year will be really good but i cant see it being another price spike like what happened this year but again who knows. If i wait til next year ill probably have a larger buyer pool but ill also be up against more comps too. I think with the low listings this should help me and im sure its not just the few of us in here that are feeling like its going to get busy again next year so hopefully theres still panicked buyers lol
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

  5. #805
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    I'm getting supermarket prices. Your arguments are all invalid.

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    Quote Originally Posted by Rocket1k78 View Post
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    A single dethatched finally came up for sale in my community on friday and its gone already so theres still some action. Not saying the market as a whole is hawwt but theres still some heat


    True lol it wasnt just him though




    I was on the same boat as i feel the 1st quarter of next year will be really good but i cant see it being another price spike like what happened this year but again who knows. If i wait til next year ill probably have a larger buyer pool but ill also be up against more comps too. I think with the low listings this should help me and im sure its not just the few of us in here that are feeling like its going to get busy again next year so hopefully theres still panicked buyers lol
    Well inventory is lower now that itís been in many years so thatís a big plus for the spring and although theyíll raise interest rates eventually, itíll only be in 0.25% increments so if I had to wager as soon as we see the first rate increase youíll still see a flurry of purchases as more people try to buy before rates go up even further. Although the bond market is already rising so perhaps thatís happening now.

    Either way, as long as active listings continues to drop each month I donít really see a reason to rush. But I would say the best thing you can do is have your realtor ready to go, the house ready, and whenever you do decide to list it you can pull the trigger in a few days to get it listed. Gives you flexibility.
    Nolan

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    Quote Originally Posted by pheoxs View Post
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    Seems dumb to list right now. Sure you can probably sell it for asking in a few weeks but with active listings significantly below normal as still dropping there’s no rush. Why not wait until spring when there’s more buyers so you can hopefully get a bidding war going.

    Right now there’s 1,979 detached properties for sale in Calgary. 2 years ago this time of year it was 3,400 listings. And sales continue to outpace new listings which means spring is going to be chaos. I wouldn’t wait for summer as things might taper off with rate changes coming but Feb-Mar is looking like the stars aligning to sell a house.
    rates going back up and inflation may lowering buying power and remove buyers from the market.
    Last edited by Xtrema; 11-08-2021 at 03:06 PM.

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    Pfft, according to MMT printing money has no consequences.

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    Quote Originally Posted by Xtrema View Post
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    rates going back up and inflation may lowering buying power and remove buyers from the market.
    It will but it also means anyone thats close to buying is going to hurry up and buy asap. I think sales will hold decently well through the first rate increase. its when we get to 2 or 3 increases through the year that things taper off a bunch. We still have to go up a full % to get to pre covid levels.
    Nolan

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    BoC will keep rates low to prevent Canada from going bankrupt.

    CAD$ tanks, Chinese buy even more property as a result, raising home prices.

    See, it's a win-win-win.

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    Quote Originally Posted by suntan View Post
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    BoC will keep rates low to prevent Canada from going bankrupt.

    CAD$ tanks, Chinese buy even more property as a result, raising home prices.

    See, it's a win-win-win.
    It's almost as if central planning is a sham

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    Quote Originally Posted by Buster View Post
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    It's almost as if central planning is a sham
    Well, it's also really poorly done in Canada. Now China, that's a model that (almost) works!
    Quote Originally Posted by rage2 View Post
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    I almost shat myself after eating way too much at lunch with @killramos so ya, we can start the diaper thread now.

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    Quote Originally Posted by suntan View Post
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    BoC will keep rates low to prevent Canada from going bankrupt.

    CAD$ tanks, Chinese buy even more property as a result, raising home prices.

    See, it's a win-win-win.
    The Chinese are driving real estate in Cowtown? Lol

  14. #814
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    Quote Originally Posted by JohnnyHockey13 View Post
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    The Chinese are driving real estate in Cowtown? Lol
    i am waiting AB to have the same scam that Nova Scotia is running watch the Chinese $ flowing in.

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    Quote Originally Posted by suntan View Post
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    I'm getting supermarket prices. Your arguments are all invalid.
    Almost as invalid as you saying a buyer has no recourse the day before posession

    Quote Originally Posted by pheoxs View Post
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    But I would say the best thing you can do is have your realtor ready to go, the house ready, and whenever you do decide to list it you can pull the trigger in a few days to get it listed. Gives you flexibility.
    Thats the plan, met with a couple staging companies today to get some numbers and just a couple small touch ups
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

  16. #816
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    Quote Originally Posted by Rocket1k78 View Post
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    Almost as invalid as you saying a buyer has no recourse the day before posession
    The amount of bullshit you spew could fill up multiple green bins. Your fucking idiocy and impotence in negotiating doesn't mean it applies to everyone else.
    Last edited by suntan; 11-08-2021 at 05:36 PM.

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    Gettin' spicey!

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    Quote Originally Posted by Buster View Post
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    Gettin' spicey!
    More proof that the trash talking market is hot right now.
    Quote Originally Posted by killramos View Post
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    The AHS system is quite good.

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    We need a poll to see how many rednecks here actually own their homes and see their view the market prospects lol
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

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    Quote Originally Posted by Rocket1k78 View Post
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    A single dethatched finally came up for sale in my community on friday and its gone already so theres still some action. Not saying the market as a whole is hawwt but theres still some heat


    True lol it wasnt just him though




    I was on the same boat as i feel the 1st quarter of next year will be really good but i cant see it being another price spike like what happened this year but again who knows. If i wait til next year ill probably have a larger buyer pool but ill also be up against more comps too. I think with the low listings this should help me and im sure its not just the few of us in here that are feeling like its going to get busy again next year so hopefully theres still panicked buyers lol
    This is happening in many areas. The number of listings is more critical than you think. 2k listing (leftovers) is either extremely overpriced, and/or just shit homes.

    I can conclude this thread is now pointless and derailed. My bad to start a thread talking about RE with a bunch of rednecks living in trailer parks. Youd think these old folks on beyond would have grown up a bit by now.
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

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