Today on Global news there was a story about yet again how bad the market is because activity has fallen significantly yet again in January for the fourth straight month.

First remember this, it was totally expected.  Yes activity dropped 51% BUT inventory also dropped over 30% again.  If demand AND supply are dropping then the market is balancing.  Stop trying to make it all bad.

Here was the funniest part of the story, well besides when my colleague Daryl Marsden’s mug was on the TV,  but there was a realtor who went and got a  job and is now a “Part-Time” Realtor said “Sellers can’t do anything, there are no buyers…it doesn’t matter what you do, you can’t sell your house with no buyers”.  Sigh.

My faithful readers know how to answer this, wait for it…How about price your home at the market or slightly below NOT above the market hoping against hope that the market will go up to meet your price.

Remember this GOLDEN RULE…EVERY HOUSE SELLS, EVEN A COCK ROACH INVESTED LEAN-TO, IT IS ALL A FUNCTION OF THE PRICE AND THE LENGTH OF TIME YOU HAVE TO MARKET.

Actually the best part of this story is that that guy is now a Part time realtor.  Do us all a favour and just give it up…turn your licence in and stay out of our way.

Although we always appreciate any effort the local media can make to ensure all the news is not bad when speaking of our real estate market.  It is time to freshen up.

This article in the weekend’s Herald is still warnig us that our housing market is not like the US…OK, thanks we got it!!

Seriously how many times are they going to report this?  Get Real!

What could they report on?  Well how about that current prices are the same as they were in 2006 during the early part of the boom but the difference is there is not 10 offers on every house, which makes for a NORMAL and healthy market to come.

I am not really sure what the doomsayers are looking for.  You would think that they would have preferred to not see the downturn in prices that we have now.  Really?  I wnder what those same people would have been saying if the market had continued unchecked we would see the average sale approaching $1 Million within a few short years?  How would that be any good.

Look at this current adjustment to the market as normal and neccessary.  Nothing else.