Sales up 19% in September

…I just finished reading this article in the Calgary Herald a few minutes ago and I found it very interesting how much more the media focuses on the bad news vs. the good news that’s also happening.

The head lines says “Housing starts set for 37% tumble” Well, it makes sense for builder to cut back from an unprecedented, record year production. Unfortunately majority of the people will stop reading at this point and head off to the coffee machines to tell everyone that that sky’s falling.

If someone were to take their time and actually keep on reading then they would discover the good news that is” In another report released Thursday, the Canadian Real Estate Association said MLS residential sales in Alberta increased by nearly 19 per cent in September compared with a year ago, the second-highest hike in the country…”

This is probably the best news that we heard in the last year, yet it’s tucked away very neatly in the article. I guess real estate isn’t dying after all.

The bottom line is that people will need a place to live as long as they are on this planet. Babies will be born, families will be growing, couples will get married, people will pass away and life will keep on going that requires more houses to be built and sold in the long run.

We might be experiencing a lot of fear right now when it comes to the economy today, but I think it’s time to be more aware of the real facts and not to allow our emotions to be controlled by a few, whose job is to write articles such as the above or read the 6 o’clock news at night.

In closing, I would like to share with you a story that could be and probably somewhere not to far from here is very true today.

The Hot Dog Vendor

In Chicago, 2002 there was a hot dog vendor who sold the very best hot dogs by the side of the road. His business was booming, people loved his hot dogs, and his business steadily increases month after month. The man loved his business and believed in the need to provide great food at a great price.

This man was so busy advertising and selling his hot dogs and making lots of money, that he didn't even have time to read the newspaper or listen to the radio. Consequently, he never heard a word about a predicted recession or the need to cut back to save for the potential economic slowdown. As long as he continued to offer his delicious hot dogs, his customers bought them. He kept selling, and they kept buying.

Then one day his college educated son told him that an economic recession was surely coming. His son told him that people wouldn't have enough money to buy his hot dogs. The successful hot dog vendor believed this, so on his son’s advice, he cut back on his advertising. Additionally, he started ordering less supplies and product, because after all, people would be cutting back soon.

He even went so far as to take down many of the billboards that lead to his roadside stand. And sure enough, people stopped coming to him. People stopped buying his hot dogs, and he eventually went broke.

Then he thought to himself. "How smart my son is in predicting this."

P.S. - The New York Stock exchange has experienced its second best gain within a week in its history. What about those headlines?

Joe Samson, a Calgary REALTOR ® who has been helping clients to achieve their goals in the Calgary real estate market for many years now. Please visit some of his other web pages such as Evergreen real estate.

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Last updated on: 2012-05-17 00:22:34

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