Ryan Sims insights, thoughts, and analysis

Tag: real-estate

  • Um, What?

    The only thing I know about 2024 is it just seems to get weirder and weirder as the year goes on. I guess it is hard to predict what a government on the edge of losing power can do? No one, and I honestly mean no one, had the recent mortgage changes on their 2024…

  • Rate Wars and High Temps

    While everyone has been busy enjoying some pretty amazing fall weather, the temperature isn’t the only thing heating up. It appears that maybe, perhaps, quite possibly the bond market is taking its que from Mother Nature, and heating up itself. This may not be the time to interrupt the Tik Tokking realtors, but it appears…

  • Bounce, Bucks, and Bullshit

    Today was the day we all finally saw once and for all. Today is the day that we all should have realized what exactly is going on. Today is the day that we now know why housing is sooo screwed up in Canada. After today, we need the largest box of Bounce dryer sheets you…

  • Figures Never Lie

    Well, we all know about todays rate cut. First and foremost, I will acknowledge that I got it wrong. I really thought Tiff and Co. would hold. I guess my coin flipping guesses are not that good. I always said there were reasons both for and against cutting rates, but it seems that the reasons…

  • Tik Tok Gonna Be Lit!!!

    Well, there you have it – Tiff has dropped rates by 25 bps!!!. Should he have? No, but he caved to political pressure and did it anyways. Oh well, this is going to be a fantastic soul crushing experience coming. The 1 year bond market had dropped 20 bps from the end of May leading…

  • Saying the Quiet Part Out Loud

    Well, this week we finally heard it. In a press conference this week, the Prime Minister of Canada said the quiet part out loud!! During a press conference on housing, Justin Trudeau announced that basically if housing goes down in value, it will be a problem. I am not going to quote him here, but…

  • Forget The Flowers

    In todays day and age of social media, it is very easy to get caught up in things. We see all of the moments in peoples lives that they want us to see. Fancy trips, big announcements, and all the ‘ things’. How many times have you witnessed people post a hundred pictures of the…

  • Peter, Paul and Mark

    When I was a little boy, and growing up in a rural farming town, I often heard some of the locals say that they were going to ” borrow from Peter to pay Paul”. Some of the farmers around were even more vicious, and they were going to ” rob Peter to pay Paul”. I…

  • The Other F Word

    I have 2 favourite F words…..One I drop quite a bit, and the other is fraud. Fraud has been our industry’s ( and Canada’s ) largest problem for a long time. We have all sat around and groaned and moaned about it. We, at least the good brokers, have all asked regulators to step in…

  • What’s The Plan Stan?

    As we all know by now, the government of Canada promised to build millions and millions of homes in the 2024 budget. Millions and millions and millions of homes they say. Of course, it was a politicians promise, so let’s see if it actually happens. They didn’t provide us with any details, or particulars, or…