Real Talk!

Last Night, Featured on Yahoo:

“Greening your sex life”
“Oddball video game takes aim at urinals”
“The best Stanley Cup commercial”
“Canadian Con’s fat sparks sentence cut”
“Another severed foot found on BC coast”
“Did Canadian Bride Sell out the Royals?”

What kind of world is this?

Local Gas Price: over $1.27 a litre.

& This Real Estate Board and some others are reporting what they’re calling “ a major correction” in the market.

Now, from the MLS stats that I can peek at, for my area… and bear in mind that they’re for April 2008 but have the comparative 2007 vs 2008.

Bancroft is down 24% in number of sales for the Month and 17% for the Year, so far… & total dollar value of sales is down 30% for the Month and 31% for the Year, so far .

If we are to believe these stats… and that’s a whole nuther argument…

We have had ½ as many sales in the “under $30K sector”, the “$100-$119K sector”, the “140-159K sector” AND the “200-219K sector”. We have 0 sales in the “$350-399K sector” versus 4 by this time last year and only one in the “$400K-499K sector” versus 3 last year. And, last year we’d reported 2 sales of” $1M+ sector” and this year… a big fat ZERO so far… But, we have sold twice as many properties in the “240-250K sector” , compared to last year. And, we’re reporting 30% more deals in the “$40-$49K” sector”… & about that in the “70K to 79K sector” and the “90K to 99K sector”.

“Ding Ding Ding”

property “between $30K and under $100K” is selling well (if it is appropriately priced), property priced at $120K-$139K remains static (if it’s priced properly) and property about $240-$250K is moving well… and $260K-$349K and $500-$749 are both showing a static number of sales…

The number of listings is pretty well the same as last year, too.

What does it all mean?

For the consumer, so far, I’m sensing an overall 6%

& How about those gas prices?

What would happen if we all boycotted the gas stations on the same day? Let’s say, we all stayed AWAY from the pumps on May 28th? Think we’d get some attention?