Established communities don't seem to be eroding as much as new communities.
Also, my realtor pointed out that the number of offer presentations he has been involved with in the past few weeks has increased dramatically over the last few months. Not surprising for springtime, but certainly a good sign that the market is at least following some of its "tried and true" rules regarding seasonality.
A second point about offers recently is that many on the buy side are still trying to low ball and being outright rejected by sellers as most listings have undergone "the proper price correction" (his words).
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Quote:
Originally Posted by Biff
If the NHL ever needs an enema, Edmonton is where they'll insert it.
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