tag:blogger.com,1999:blog-5936637281134795592.post1341066667757585706..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Interesting Inventory numbers yesterdayUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5936637281134795592.post-28098020935080879812012-04-13T08:56:04.850-07:002012-04-13T08:56:04.850-07:00Thanks for the comment. We would love to hear fro...Thanks for the comment. We would love to hear from you if and when you do notice that the market is starting to get the message.Whispererhttps://www.blogger.com/profile/03524022285962626228noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-88875457733471108992012-04-13T06:49:48.683-07:002012-04-13T06:49:48.683-07:00Anonymous, did you ask her who financed her? (Not...Anonymous, did you ask her who financed her? (Not that I'm looking for bank stocks to short, but hey, I might consider it... ;-)GGhttps://www.blogger.com/profile/14963284253203737587noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-52076742445684987992012-04-13T06:43:34.126-07:002012-04-13T06:43:34.126-07:00Prices are dropping in outlying neighborhoods. I&#...Prices are dropping in outlying neighborhoods. I'm watching the far reaches of the north shore (H/shoe Bay, Bowen, etc) and I've seen a few 5% drops in the last couple of weeks. I'm willing to bet 10% of my deposit that some of the sales have been agreed at 10% or more below asking price, too....Jameshttps://www.blogger.com/profile/16650725159013368925noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-88459554455135279102012-04-12T19:03:19.583-07:002012-04-12T19:03:19.583-07:00It looks like the velocity of net new homes on mar...It looks like the velocity of net new homes on market may be increasing. Does anyone know where to get the raw data to look at in a spreadsheet?<br /><br />Also, what's it like up in Van these days, does it seem like there are lots of listings floating around?CanAmericanhttp://whispersfromtheedgeoftherainforest.blogspot.com/2012/04/wed-post-1-interesting-inventory.html#comment-formnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-13166787193526226552012-04-12T16:43:50.491-07:002012-04-12T16:43:50.491-07:00It's unfortunate but everywhere I look I still...It's unfortunate but everywhere I look I still see and hear of people looking for homes to renovate and flip. I'm a mortgage broker and I've spoken to other realtors, mortgage brokers and so called "real estate investors" who all still believe that now is a great time to buy a teardown and rebuild OR renovate.<br /><br />I just don't get it. When will the madness end? Listings are up but the market just isn't getting the message.<br /><br />I was at a bar recently (blarney stone) where a girl was telling me about her recent purchase of a flip. She purchased for $800,000, plans to put $400,000 into it and flip it for a cool $1.6 million. When I asked her what contingency plans she had if the market went sour she looked at me like I was speaking a foreign language.Anonymousnoreply@blogger.com