SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MulhollandDrive who wrote (15177)6/11/2004 12:19:53 AM
From: Proud Deplorable  Read Replies (1) of 110194
 
Story on Vancouver real estate coming up at 11:30 tonight on CTV number 9 news
They just mailed me the transcript. Here it is:

WHILE VICTORIA HEATS UP -- THERE ARE SIGNS THE RED HOT REAL ESTATE MARKET ON
THE LOWER MAINLAND MAY BE STARTING TO COOL DOWN A BIT. C-T-V'S MIKE KILLEEN
FOUND ONE AREA WHERE SOME OF THE SKY-HIGH PRICES ARE ACTUALLY DROPPING.

[SUPER=103-NORTH VANCOUVER][:00]

PATTI BUCKMASTER PUT HER NORTH VANCOUVER HOUSE UP FOR SALE A MONTH AGO..

[SUPER=102-PATTI BUCKMASTER/North Vancouver Resident][:06]
patti @ 1:17:15 "we had an offer in a day of the open house.. i mean it was
fast"

PERHAPS TOO FAST. THE OFFER FELL THROUGH. WHEN ANOTHER ANXIOUS BUYER WASN'T
BANGING ON THE DOOR WITH AN OFFER... PATTI WONDERED IF SHE'D WAITED TOO
LONG TO LIST.

patti @ 1:18:20 "i think we got in too late.. we had actually a few
realtors that came through and said had you listed a month sooner.. you
would have got anything you wanted"

AND UNTIL A FEW WEEKS AGO... THAT WAS THE CASE. HOMES HERE WERE BEING
SNAPPED UP... IN MANY CASES WELL ABOVE THE ASKING PRICE.

[SUPER=102-DARCY McCLARY/Sutton Group - West Coast Realty][:40]
darcy tease @ 1:03:17 "what goes up has to come down"

AND THAT MEANS A BIT MORE BREATHING ROOM FOR BUYERS...

darcy @ 1:01:58 "houses are selling well .. but there's definitley a change
in the market.. and we're moving away from that frenetic time"

[SUPER=102-JOHN ROGERS/Prudential Sussex Realty][:47]
john rogers @ 1:09:56 - 1:10:07 "it's still a good market.. but we are
seeing more inventory enabling people to spend a little more time looking
for a home instead of having to jump on it as soon as it comes off the
computer"

REALTORS SAY SELLERS ARE NOW BEING MORE REALISTIC ABOUT WHAT THEY'LL GET FOR
THEIR HOME..

[SUPER=117-MIKE KILLEEN][1:04]
killeen @ 1:15:28 "just last month.. this bungalow in deep cove went on the
market for 559-thousand dollars. it sold almost immediately for
601-thousand.. 42 thousand dollars over the asking price"

AGENTS AGREE.. THOSE DAYS ARE OVER...

[SUPER=102-PETER OHRNBERGER/MacDonald Realtors][1:21]
peter @ 1:08:01 "those record prices may not be as achievable though its
still a very good market for sellers.. but it's a better market for buyers"

PATTI BUCKMASTER WISHES SHE'D KNOWN THAT WHEN SHE LISTED. THAT SAID... HER
HOUSE DID SELL.. TODAY. A MONTH AFTER IT WENT ON THE MARKET.. AND FOR ALMOST
40-THOUSAND DOLLARS LESS THAN THE ORIGINAL ASKING PRICE.

patti @ 1:17:38 "we went on the market thinking we're going to hit the peak
with everybody else .. and we had gotten in just after the peak.. so we were
in the landslide with it"

THE LANDSLIDE THAT STILL LET THEM SELL THEIR HOUSE FOR 130 THOUSAND DOLLARS
MORE THAN THEY BOUGHT IT FOR A YEAR AGO. MIKE KILLEEN CTV NEWS NORTH
VANCOUVER
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News