Quote:
Originally Posted by Rerun
I just bought a house in Okotoks. It was first listed in late January '09 at $489,900
It was on the market till late June which is when I bought it. At that time it was listed for $454,900. We offered $430,00 and they counter offered $440,000 which we accepted.
Its a very nice house (2100 sq ft plus a 1000 sq ft finished walk-out basement) in a very nice area, so I am really surprised it stayed on the market so long.
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Doesn't surprise me at all. Right now, if a house is overpriced, it will not move. And once it gets past about 60 days, it gets forgotten.
You had a nice quick negotiation, BTW. My recent house purchase was excruciating. I think their RE agent was a rookie.