Quote:
Originally Posted by greyshep
We are still hunting for a new place and its been ridiculous seeing the inflated prices people are paying in this market. I assume its still largely influenced by the influx of Toronto and Vancouver buyers as it seems there is always someone out there willing to pay way over list for any house we have been interested in.
If Calgary has a market correction in the near future there are gonna be a lot of unhappy folks in their houses they paid way too much for.
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My neighbours who are moving back to PEI listed their house for what they thought was about 60k more than it was worth and ended up getting another 34k on top with an unconditional sale but a 33 day possession date, no surprise the buyers were from Vancouver.
Best part is I got $5k for half my garage for storage and to let them stay with me for about 5 weeks till they move
Worst part is I might have new neighbours that are Canuck fans
