Monday Feb 3rd, 2014

Well, over the weekend, all three Groundhogs, 2 in Canada and one in the USA agreed we're going to have 6 more weeks of Winter. Well, at least the temperature outside today has moderated, but we're supposed to get another snowfall on Wednesday. 

The Real Estate market in Toironto is heating up. The Media don't seem to understand that the GTS absorbs 100,000 new people every year. That's in addition to normal market actions, like people reproducing, needing more space, others downsizing, as their adult children move out to their own homes, and normal actions, like new jobs, and so on. The laws of "Supply and Demand" govern real estate prices - why can't the media get that? If they have no disasters (floods, fires. train wrecks, robberies, or shootings), they find a woman with elegant cleavage, or talk about falling Real Estate prices. The media's job is to sell advertising, and if they don't have listeners, readers or other followers, they don't make money.

Enough RANTING! The sun is out - Have a GREAT DAY!

MH

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Marvin Horenfeldt

Marvin Horenfeldt

Sales Representative
CENTURY 21 Heritage Group Ltd., Brokerage*
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