The non conformer's Canadian Weblog

March 17, 2009

Common sales lies – Canadian Real estate market blossoms ( Misleading)

In spite of real estate ethics codes, self regulation, the realtors I had  worked with were some of the biggest liars still.  Typical lying spins- Prices lower than last year- New listings continue to decline –  A buyer’s and seller’s market – Home sales set  record – well-priced listings and lower to mid-range priced properties remain in the highest demand –  

Canada’s real estate market began cooling off in the second half of 2008 and the statistics coming out in the first few months of 2009 strongly suggested that the trend would continue.
During this year’s recession it is been a very good times to compare the various news media, institutions  and  to see how they lie, spin the truth to get more suckers to buy a home now..
CALGARY – Retail sales in Alberta rebounded in January from December, according to data released Friday by Statistics Canada. The federal agency said sales rose by 1.6 per cent on a monthly basis to nearly $4.8 billion, but remained down by 7.3 per cent compared with January 2008.  Nationally, retail sales rose 1.9 per cent in January to $33.7 billion after declining 5.2 per cent in December, which was the largest monthly decline in more than 15 years.
 It’s becoming easier to carry the costs of home ownership in Canada, but a survey by RBC Economics on housing affordability suggests this may be as good as it’s going to get. ” This is the same guy who failed to predict any downward movement on house prices. RBC was, just 18 months ago, predicting price growth in all markets. Well, prices in some markets went down 30% before starting to come back. Oops…     The thing to remember is that any “bank economist” is just someone hired to put out maximum positive spin on the housing market. Why the media prints the opinions of “bank economists”, when they are usually wrong and so obviously just spinning news for their own gain, is the bigger question.” These bank shysters are only going to say this in order to get more gullible people to bite off more than they can chew. Affordable, my axx. With this unstable job market we now have and the cost of everyday needs, who can ‘afford’ to buy now? Yeah. Try telling this to the hundreds of thousands of people forced into working in McJobs because their REAL jobs went bye-bye. There aren’t enough hours in a day for people to work so they can make their crazy mortgage payments, so they often have to sell at a loss, but by golly, keep spewing this garbage so the prices don’t fall TOO far. Can’t have that in the new era of corporate capitalism, can we? ” ” Unlike past years, in Ontario, only 1 in 6 houses are inspected, and there are little or no real recourse for people who buy bad houses.  It’s a big profit business, with no responsibility, little regulation and numbered Ontario corporations that disappear overnight. Horror stories number in the thousands around the GTA.”
Face it banks, Trusts, money lenders, News media, Realtors  often still exaggerate, spin, lie to get you to buy a home, it is always a good time for them mostly  if you do, for they get a commission, interests etc…  now most people missed the best buy for the present major real estate selling season is over for the year.. now all that is mostly left is all the rejects, over priced listings left to sell.  News media often also spread the  lies cause that is what they are paid for through the newspaper adds.. 
A sharp deterioration in this country’s real-estate market that began last year is showing signs of tapering off?” “New listings, which had been growing at a double-digit pace when the market was strong, have been shrinking”. MAYBE CAUSE HOME OWNERS DO NOT  WANT TO TAKE SUCH A BIG SALES PROFIT LOSS AT THIS TIME?   Nevertheless “This is going to remain a buyers’ market for some months to come,” I get a chuckle when I see the regular lies, or spins that Realtors use to try to get you to buy a home, it is always a good time for you to buy a home, good for them cause they get a commission..  it’s normal for Home/house sales to pick up as spring approaches.  You sell your house, you buy a home is the realtor spin as well. 
“Oh, more lies and imaginary figures put out by an agency that has everything to gain by lying and fudging the numbers. Let’s see those reports and stats all in paperwork. This is nothing but BS trying to trick potential buyers into buying now while the prices are STILL way inflated. People never learn.” 
Real estate market blossoms, Calgary realtors see 1,392 homes sold last month  compared to 928 units sold in January, says data released yesterday by the Canadian Real Estate Association. but what that is not the real news? Spring is in the air in Calgary as the city’s real estate market appears to have stopped temporarily hibernating. Homes tend to sell 3 months of the year only, the spring months before the summer moving, possession dates.  In fact, sales were more brisk across the entire country, as 28,669 homes changed hands in February, an increase of about 9% over January levels but wait that is not the true news as well. The president of the Calgary Real Estate Board said sales tend to pick up after January and to gradually increase until June and the start of the summer holiday season.  And then they are normally mostly dead the rest of the year and   despite the spring realtor’s seasonal sales spins, overall sales are still significantly lower than one year ago, even though mortgage rates are decreasing and homes are cheaper than in 2008.  In Calgary, the number of unit sales was trailing year-ago levels by 36% in February, while the average MLS residential price of $370,198 was 11% lower than one year ago.  This means Calgary is still is among those cities that are continuing to see the most rapid deflation in the real estate market in Canada.  Nationally, unit sales dropped 30% in February compared to one year ago, and average prices were 8% lower at $308,142. Meanwhile the Unit sales in Greater Vancouver plunged 45% in February compared to one year ago, the steepest of any Canadian city, followed closely by Saskatoon, which saw sales fall 43%.  The hardest-hit cities over the past year are in Windsor, where prices are down 16 per cent, along with Vancouver, down 13 per cent, and Calgary, down 11 per cent.Among Canada’s major cities, Montreal, with prices up two per cent from last year and Quebec City, up nine per cent, are among the few to be spared significant drops, although there is evidence that Montreal prices have eased in recent months.
 Is it a  Home buyers’ market conditions that takes THE OSTRICH APPROACH FOR  the absence of all new bad news – when homes may continue to drop or prices remain low for another decade too? I was a ReMax realtor but I did not tell the common real estate lies, false spins, I  don’t sell my soul to the devil to get a commission. I would still wait a few years before I would buy a home to see how the home market trend goes.News media love to put a postive spin, not likley a true one, on negative news still too…  


and the computer evalutions can still be misleading, a realtor can set false parameters in their general evaluations.. so do many Pastors, so why not everyone else? 


Ever notice how the average person lies once every 5 minutes at least, so imagine what the big liars do, how often the politicians, and some news media, realtors lie.. signifcantly a lot more.. Even “Some people say that the recession is over but try telling that to the unemployed and their families”  Now the jobless are being driven onto the welfare rolls (the responsibility of provinces and municipalities) or   forcing  them to plunder their assets such as homes and retirement savings, maximizing their credit car debts. Neither option is pleasant. The given Canadian  government Unemployment figures always have been big lies cause they are adjusted figures of people receiving UIC cheques, they do not actually sate all of the people unemployed who do not qualify for UIC, have been forced to go onto social welfare or have to get part time jobs with no fringe benefits or have become self employed which is a costly undertaking. Notice how often news media do not agree on the same news story, facts and how they lie about the real estate news, generally encouraging people to buy a new home of course.. get more debts.. In Toronto “New home sales jumped to 3,782 in June 2009 from 3,544 last June, a 7 per cent increase, and total sales hit 10,951 from 8,596 – a 27 per cent hike. But housing starts declined to 1,395 from 2,567 in the same period, a 46 per cent drop, and new listings declined to 13,357 from 16,068, a 17 per cent fall-off.”

I can quickly sum up my political experiences in Canada.. for decades now most people in Canada  seem to elect liars and alcoholics for politicians, and we have had now much too many of them elected as well.. Of course  it seems natural for alcoholics to lie, they seen to often lie that it is is ok to drink alcohol in the first place, and it seems natural for many lawyers who run for political offices, and many want to be politicians to lie to get elected.. Yes most people elect liars who tell them the things they want to hear.. we all know that had Stephen Harper told the truth that Canada was going into a major depression next, he very likely would have never got elected. so he said there was going to be no election or recession, he clearly lied. After he was elected he admits Canada was facing a big recession of course, how could he deny otherwise. I openly express the truth that we should stop electing any liars and alcoholics, even in the police forces, civil and public services now too,  and when it is confirmed that they are thieves, cheats,  liars or alcoholics they should be immediately fired, recalled.. as simple as that too. Some professing ostrich evangelical totally deny that the professing Christians drink alcohol, they have a problem with the alcoholics rather and not me I merely reported the truth, facts, that many professing Christians drink alcohol and falsely try to justify it as well.. Alcohol does a lot of brain damages, negatively affects your ability to work, to live normal, alcohol is a major cause of car accidents, tends to destroy your family life, so of course I have no use for alcohol or alcoholics anywhere. Neither should any of us not just MADD, Mothers Against Drunk Drivers. and a  bad immoral Conservatives is not better than a bad immoral Liberal, especially firstly the alcoholic ones.

and consumer protection  is another big government farce now too..

Now face the reality. Do not believe everything you hear. Do not believe one persons, check the facts out with many other persons. Too often the term Professional in Canada means Professional liars.. Lying spin doctors are a common fact of life in Canada.. Politicians and lawyers often lie, pastors lie, RCMP and cops lie, accountants lie, doctors and nurses lie, news reporters, bank managers, loan managers and so do corporations, advertisers, civil and public servants, realtors and their bosses  as well.

Now a home should be generally a good investment, and when you buy a home you should make sure that you have not overpaid for the home, or bought a poor investment, even one that will not appreciate much in value next.

When you are buying a home you need to know what makes it a good value, a good buy

1 The area the home is located in: including the proximity to high schools, public schools, hospitals, churches, shopping centers, metro

2: The specific home model: some homes are more popular over others and have a higher resale values.. the most popular ones are Bungalows, two stories, split levels with at least 3 bedrooms, a two car garage and finished family room, fireplace..

When you are trying to sell a home remember most realtors do not sell, or advertise your home, they hope someone else does, they merely take a listing from you and tend not to do you much good.. it does not costs anything more but always ask a local Real estate manager such as Re/Max to give you the name of his or her  two    best selling Realtors.. and hire the send best one who will work hard now, Insure that in writing he or she guarantees to advertise regularly your home in a local newspaper for that is likely where it will attract the best buyers too.

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