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Archive for the ‘Predictions’ Category

Forecast For March Real Estate Prices

Compared to last month the local picture has certainly improved for sellers. Out of 26 sub areas reporting 18 registered median sale price increases in February over January. However, compared to last February, out of 30 sub areas reporting, 14 came in with lower prices, YoY. This is more evidence that the market is becoming […]


Why Do We Lie to Ourselves?

I’ve heard it said that the US lies to itself and I believe that’s true. For what it’s worth I don’t think we’re any better. Present events in Egypt provide a good example of what I mean. I heard a clip of Pres. Obama in which he related a conversation with Pres. Mubarak. Obama said […]


Semlin Update

Semlin is gone. I predicted it would go quickly, and it did, in multiple offers, over list. Typical of this market, ad what we’ve been seeing for some time. Good listings sell relatively quickly, inferior ones last and last and last. My name is Rob Chipman and I’m a realtor, pilot and all around super […]


Predictions for Vancouver Real Estate in 2011

Happy New Year! As Dan Gardner has been pointing out lately, predictions are a win-win for the prognosticator. As he puts it, professional forecasters adopt a “heads I win, tails you forget that we had a bet” approach. Or, as Ozzie Jurock once advised “predict often, and don’t provide timelines” In short, most predictions are […]