Comments on: What will Alberta be like in 2010 for Real Estate? http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/ REIN, Real Estate, Stats, Music and More Thu, 29 Jul 2010 02:35:35 +0000 hourly 1 http://wordpress.org/?v=abc By: Wade Graham http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-2727 Wade Graham Wed, 10 Feb 2010 01:02:10 +0000 http://www.chrisdavies.ca/?p=121#comment-2727 it is great to see blog posts like this one! It sits as a reminder to the past and how we were thinking at a point in time. Yes the majority of us were still quite bullish at the time. Not many could say that they predicted 11000 TSX in 2010. many of TB predictions are close and we are still further ahead with our investments that if we had done what most did and that was nothing at all ....calculated risks for future reward! it is great to see blog posts like this one! It sits as a reminder to the past and how we were thinking at a point in time. Yes the majority of us were still quite bullish at the time. Not many could say that they predicted 11000 TSX in 2010.

many of TB predictions are close and we are still further ahead with our investments that if we had done what most did and that was nothing at all ….calculated risks for future reward!

]]> By: Greg http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-2719 Greg Tue, 09 Feb 2010 08:42:13 +0000 http://www.chrisdavies.ca/?p=121#comment-2719 Looks like this may still be a good time to purchase a family home in Calgary as long as the roller coaster ride is over. Thanks for the reply Thomas. Looks like this may still be a good time to purchase a family home in Calgary as long as the roller coaster ride is over.
Thanks for the reply Thomas.

]]> By: Thomas Beyer http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-2717 Thomas Beyer Tue, 09 Feb 2010 01:59:29 +0000 http://www.chrisdavies.ca/?p=121#comment-2717 I expect that house prices will be up and condos flattish in 2010 over 2009 "on average" but UP in some markets and down in some others .. like overbuilt small condos or low demand expensive towns like Canmore .. Calgary probably up a hair or 3 ! This was written 2 years ago .. Before financial crisis .. So probably a tad too bullish but nevertheless fairly realistic ! I do NOT see fixed 5 year rates rise a lot .. Just prime rate and thus of course more expensive VARIABLE money !! Still sub 4%!!! I expect that house prices will be up and condos flattish in 2010 over 2009 “on average” but UP in some markets and down in some others .. like overbuilt small condos or low demand expensive towns like Canmore .. Calgary probably up a hair or 3 !

This was written 2 years ago .. Before financial crisis .. So probably a tad too bullish but nevertheless fairly realistic !

I do NOT see fixed 5 year rates rise a lot .. Just prime rate and thus of course more expensive VARIABLE money !! Still sub 4%!!!

]]> By: Greg http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-2704 Greg Sat, 06 Feb 2010 12:18:59 +0000 http://www.chrisdavies.ca/?p=121#comment-2704 Is it possible that prices in Calgary could begin to drop to lower levels as unemployment rises? Condo prices have fallen drastically already and if interest rates begin to rise (seems inevitable) I wonder if decreasing demand will drive house prices to new lows as well? Most of the Majors (oil companies) have already been through a first round of layoffs with more to come. I don't think this bodes well for real estate values in Calgary/Alberta. Is it possible that prices in Calgary could begin to drop to lower levels as unemployment rises? Condo prices have fallen drastically already and if interest rates begin to rise (seems inevitable) I wonder if decreasing demand will drive house prices to new lows as well?
Most of the Majors (oil companies) have already been through a first round of layoffs with more to come. I don’t think this bodes well for real estate values in Calgary/Alberta.

]]> By: Thomas Beyer http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-1770 Thomas Beyer Sun, 26 Apr 2009 20:37:27 +0000 http://www.chrisdavies.ca/?p=121#comment-1770 indeed .. this was written a year ago .. so yes $150 oil and 16,000 TSX was a tad optimistic and did NOT take into consideration the huge stock market drop in the fall of 2008 !! so let's use $60 for oil .. and rising again .. and maybe 10,000 or so for TSX !! indeed .. this was written a year ago .. so yes $150 oil and 16,000 TSX was a tad optimistic and did NOT take into consideration the huge stock market drop in the fall of 2008 !!

so let’s use $60 for oil .. and rising again .. and maybe 10,000 or so for TSX !!

]]> By: Stuart http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-1768 Stuart Sun, 26 Apr 2009 05:20:01 +0000 http://www.chrisdavies.ca/?p=121#comment-1768 Interesting predictions. Although I think you might want to revise a few things, such as $150+ oil and a 16,000+ TSX. Interesting predictions. Although I think you might want to revise a few things, such as $150+ oil and a 16,000+ TSX.

]]> By: The Thomas Beyer and Russell Westcott Interview | Chris Davies http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-1493 The Thomas Beyer and Russell Westcott Interview | Chris Davies Fri, 20 Mar 2009 01:55:03 +0000 http://www.chrisdavies.ca/?p=121#comment-1493 [...] Thomas Beyer is the President of Prestigious Properties, and a veteran (Diamond) REIN member. He’s also a great guy, a prolific contributor to myREINspace and he’s contributed guest posts here before (2010 Alberta Real Estate). [...] [...] Thomas Beyer is the President of Prestigious Properties, and a veteran (Diamond) REIN member. He’s also a great guy, a prolific contributor to myREINspace and he’s contributed guest posts here before (2010 Alberta Real Estate). [...]

]]> By: Fl Real Estate http://www.chrisdavies.ca/2008/04/what-will-alberta-be-like-in-2010-for-real-estate/#comment-119 Fl Real Estate Fri, 25 Jul 2008 16:06:15 +0000 http://www.chrisdavies.ca/?p=121#comment-119 Buddy , I agree with this article, just sometimes I read so fast everything and I miss things that after read them again, I can understand it better.. ;). Your ll Alberta be like in 2010 for Real Estate? | Chris Davies Blog Stumbled up and Bookmarked, so I keep updated on every article you write from now now on fl real estate. Buddy , I agree with this article, just sometimes I read so fast everything and I miss things that after read them again, I can understand it better.. ;) . Your ll Alberta be like in 2010 for Real Estate? | Chris Davies Blog Stumbled up and Bookmarked, so I keep updated on every article you write from now now on fl real estate.

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