Quote:
Originally Posted by T@T
It's starting to show its close though, a friend has been trying to sell his house in Hawkwood for 6 months and the only bite he's had is a 20% less lowball offer. It's going to take a miracle to stop this train.
And I don't believe in miracles.
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Again I see this as more of a market correction than a bubble bursting. An offer of 20% below asking isn't exactly a low ball as it's just that Calgary has been a seller's market for so long people have forgotten what a regular market looks like.