tag:blogger.com,1999:blog-7588496932754350322.post2924122055967108380..comments2023-09-10T03:39:48.166-07:00Comments on Alberta Bubble: Housing Starts are down sharplyUnknownnoreply@blogger.comBlogger27125tag:blogger.com,1999:blog-7588496932754350322.post-65055915206613299372007-03-08T22:38:00.000-08:002007-03-08T22:38:00.000-08:00So if we deduct 1,346 sales from CREBS figures fro...So if we deduct 1,346 sales from CREBS figures from last month. That drops homes sales by quite a bit. Not such a brilliant sales month after all.<BR/>We need a trulia.com in Alberta.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-24441469982089247712007-03-08T22:15:00.000-08:002007-03-08T22:15:00.000-08:00can you sat that the police are reading this site ...can you sat that the police are reading this site to jail time coming for lotsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-84604053324974910682007-03-08T22:12:00.000-08:002007-03-08T22:12:00.000-08:00to the readers of this sitelast month there were 3...to the readers of this site<BR/>last month there were 396 homes that were sold an average of 3.4 times (in 1 month) totalling 1346 sales the prices increased every time (these house were just passed from realtor to realtor) and commissions were paid. all we can say for now is buyer beware. and try to find out sales historyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-47446455881484882622007-03-08T22:06:00.000-08:002007-03-08T22:06:00.000-08:00Try this one on for size, employees of home builde...Try this one on for size, employees of home builder pretends he's buying a new home, gets a large assumable mortgage on the home, then sucker buyer comes along, no problem - you can just assume this large mortgage, no downpayment - no problem, the house is appraised way above what it's worth and wham! bam! thank you Mam! Scumbucket employee walks away with new vehicle........Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-51713853782178466562007-03-08T21:55:00.000-08:002007-03-08T21:55:00.000-08:00its a total shim sham gamei have said it for month...its a total shim sham game<BR/>i have said it for months<BR/>this is the tip of the iceberg<BR/>there are rumors of a large RCMP investigation into real estate shim shams scams<BR/>nothing but a ponzi game<BR/>i would bet that the media are reading this site<BR/>they know how dumb they are going to look to the public<BR/>the creb has been leading the media (idiots) around much like you can do to a baby with candy<BR/>a heads up to the EPS and CPS<BR/>can you say massive cash back with the same home selling 3 times in a week<BR/>commisions paid every time<BR/>can you say public fraud <BR/>can you say <BR/>creb open your books<BR/>many many people are now in debt up to there eyeballs because of this scumsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-44722181115140687452007-03-08T21:49:00.000-08:002007-03-08T21:49:00.000-08:00Squid, you are bang on the money! I've even heard...Squid, you are bang on the money! I've even heard of vehicles traded for payment on these deals. It is happening in new home construction also.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-64205709605730043382007-03-08T21:42:00.000-08:002007-03-08T21:42:00.000-08:00Sorry about that, cfcn.ca is the best route:)This ...Sorry about that, cfcn.ca is the best route:)<BR/>This is happening in many areas not only Calgary. This for sure is connected to some of the homes that are for sale, brand new/no GST/never lived in though!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-83539490124883460072007-03-08T21:38:00.000-08:002007-03-08T21:38:00.000-08:00when squid said call the police i guess someone di...when squid said call the police i guess someone didAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-9917804665828156042007-03-08T21:32:00.000-08:002007-03-08T21:32:00.000-08:00i hope that the blog auther can run that ctv.calga...i hope that the blog auther can run that ctv.calgary.ca article tommorowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-47056195254770013482007-03-08T21:31:00.000-08:002007-03-08T21:31:00.000-08:00i have been warning of straw buyers for monthsthe ...i have been warning of straw buyers for months<BR/>the realtors laughed<BR/>well guess what<BR/>home buyers be careful<BR/>dont get into bidding wars<BR/><BR/>if your selling private and have 10 people show up the first day bidding your property up<BR/>tell em to get lost<BR/>they have no intention of buying<BR/>realtors torment private sellers<BR/>its a game<BR/><BR/>be careful stay in cashsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-84671999471695038442007-03-08T21:24:00.000-08:002007-03-08T21:24:00.000-08:00that is an excellent findi guess its not different...that is an excellent find<BR/>i guess its not different here<BR/><BR/>i have said that for a long time<BR/><BR/>calgary <BR/><BR/>...mortgage fraud capital of canada<BR/><BR/>annon <BR/>excellent<BR/><BR/>hold on home buyers<BR/>its all falling apart now<BR/><BR/>fraud..deceit..con-men..con-game<BR/>shim sham ponzi game<BR/>the house of cards is falling<BR/>enjoy your beer<BR/><BR/>a bad to be a lemmingsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-25312603897801698362007-03-08T21:14:00.000-08:002007-03-08T21:14:00.000-08:00Can be read at calgary.ctv.caCan be read at calgary.ctv.caAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-78136406575923013322007-03-08T21:07:00.000-08:002007-03-08T21:07:00.000-08:00CALGARY MORTGAGE FRAUD CAPITOL OF CANADA. This fra...CALGARY MORTGAGE FRAUD CAPITOL OF CANADA. This fraud involves home-owners & Realtors.........Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-17767869600072837702007-03-08T18:19:00.000-08:002007-03-08T18:19:00.000-08:00that stat cant be rightor it needs more infotheres...that stat cant be right<BR/>or it needs more info<BR/>theres no way that every second person has a mortgagesquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-74944130704353772992007-03-08T18:10:00.000-08:002007-03-08T18:10:00.000-08:00Since about 48% of Calgary's population is between...Since about 48% of Calgary's population is between 25 and 60, I think Jimmy is trying to tell us that everybody in this city who can afford a house already has one. That sounds about right and it would enhance the theory that the RE insanity is being fueld by speculators. <BR/><BR/>Thanks Jimmy boy.Common Sensehttps://www.blogger.com/profile/00608233869663574105noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-16962144721747069872007-03-08T17:57:00.000-08:002007-03-08T17:57:00.000-08:00Has Jimmy got the figures on the mortages given ou...Has Jimmy got the figures on the mortages given out in Calgary & area over the past two years, in the sub-prime market??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-53060757387374597722007-03-08T17:44:00.000-08:002007-03-08T17:44:00.000-08:00only he claims he is notyour right any that contri...only he claims he is not<BR/><BR/>your right any that contributes makes it more interestingsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-62089438585179963972007-03-08T17:34:00.000-08:002007-03-08T17:34:00.000-08:00jimmy varga is most definetly a realtor which is o...<I>jimmy varga is most definetly a realtor which is ok</I><BR/><BR/>It doesn't matter if jimmy is a realtor or not; he's a blogger who contributes by teasing us all with interesting data niblets from time to time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-35662603530277136792007-03-08T17:17:00.000-08:002007-03-08T17:17:00.000-08:00jimmy varga is most definetly a realtor which is o...jimmy varga is most definetly a realtor which is ok just wonder why he denies it<BR/>on bob trumans blog<BR/>he says that he hoping to earn lots and lots of commisions this yearsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-56100592616976807242007-03-08T17:11:00.000-08:002007-03-08T17:11:00.000-08:00the mortgage industry (sub-prime) is approaching t...the mortgage industry (sub-prime) is approaching the total melt down phase down south<BR/>60% of all mortgages (2006) in california <BR/>were qualified useing the teaser rate as these re-set the home owners will have no hope of meeting obligations<BR/>..housingbubblecasualty.com<BR/><BR/>total melt down to reach into the prime market soon<BR/>..mi-implode.comsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-1345071556608534682007-03-08T17:06:00.000-08:002007-03-08T17:06:00.000-08:00The Royal Bank reported this week that only 48% of...<I>The Royal Bank reported this week that only 48% of Albertans have a mortgage and the average outstanding balance is just $104,000.</I><BR/><BR/>Seems quite low and "healthy". I wonder:<BR/><BR/>(a) what the US figures are. It wouldn't surprise me to see that they are similarly low, yet they're in trouble.<BR/><BR/>(b) how much net savings have decreased in Alberta compared to elsewhere.<BR/><BR/>(c) if it means anything ... it might be more interesting to compare mortgages by range in $ values, by province, etc. ... anything to make it meaningful.<BR/><BR/>In other words, it doesn't mean anything unless you provide a context. Was there a context provided in your data source? Providing context isn't your strong point, jimmy. But I guess that it can be fun to toss out data nuggets for the hungry bears to frenzy over.<BR/><BR/>See <A HREF="http://spamusement.com/gfx/176.gif" REL="nofollow">this</A> for an image of bloggers feeding on jimmy's data.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-17751920808988919952007-03-08T15:14:00.000-08:002007-03-08T15:14:00.000-08:00hold on now..$1.4 billion federal annual tax break...hold on now..$1.4 billion federal annual tax break,to be gone next budget<BR/><BR/>.....tinyurl.com/2hqhce<BR/><BR/>a slowdown will be a good thing<BR/>its slowingsquidly77https://www.blogger.com/profile/13337481129318070886noreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-25477048451972005772007-03-08T14:56:00.000-08:002007-03-08T14:56:00.000-08:00Jimmy,I assume that a large percentage of people b...Jimmy,<BR/><BR/>I assume that a large percentage of people bought before 3 years ago when real estate was 50% cheaper, they used a downpayment and have reduced there principal over the years. How unsophisticated! Also, does that number include 2nd mortgages and balances on HELOCs?<BR/><BR/>The banks are drooling over these low $100K exisiting mortgages as untapped potential. "These people with their reasonable debt levels are bad for business!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-60680206896877657482007-03-08T14:19:00.000-08:002007-03-08T14:19:00.000-08:00so they'll go on and buy another home?the problem ...so they'll go on and buy another home?<BR/>the problem is with people who have tried to buy after 2005 and run into affordability problems.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7588496932754350322.post-12469066086867182892007-03-08T14:11:00.000-08:002007-03-08T14:11:00.000-08:00The Royal Bank reported this week that only 48% of...The Royal Bank reported this week that only 48% of Albertans have a mortgage and the average outstanding balance is just $104,000. <BR/><BR/>Discuss.Jimmy Vargahttps://www.blogger.com/profile/15498731213098113571noreply@blogger.com