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Dig's n Things - Real Estate and More with Dan Welyk

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Thursday, January 22, 2009

Yeah But...Dan...Calgary Real Estate Board Suggests Prices Will Continue To Drop In 2009

More Yeah But’s....
 
So yesterday on the media reported that Calgary is expecting the re-sale market to continue to drop in 2009 - by about 2%.
 
For many potential home buyer’s out there - this can concern you. I know this kind of news does scare off some people - but, let’s put this in perspective.
 
Currently you pay (for example purposes) $1500 per month in rent. By January 2010...
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Tuesday, January 6, 2009

Yeah but.... by Ozzie Jurock

December 2008

By: Ozzie Jurock
 
Yogi Berra said: It is deja vu all over again. That is how I feel today. I wrote 10 years ago, in September of 1998, that we were having a case of the Yeah, buts! I think we are there again.
 

Here is what I said then:

It is wildly unpopular to be positive in British Columbia these days. We are down, we feel down, we want to be down and down we are. Particularly...

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Tuesday, January 6, 2009

Calgary Real Estate Board December 2008 Statistics

Well, December proved to be a slow month for single family homes with only 449 reported sold - down 47% from December 2007's reported sales.  Our month end inventories dropped significantely as well with quite a number of homes expiring off the market. 
 
Download the full CREB Stats Package - lots of great information.
 

Expect a strong increase of inventory levels at the end of...

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