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  1. #581
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    Quote Originally Posted by Buster View Post
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    It's just a bubble of pent up demand
    Is this an actual serious post from you? Can never tell if you're being serious or if you're just trying to be edgy.

  2. #582
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    Quote Originally Posted by JohnnyHockey13 View Post
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    Is this an actual serious post from you? Can never tell if you're being serious or if you're just trying to be edgy.
    Everyone is coming out of their covid bubble and spending. Housing is no different.

  3. #583
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    Quote Originally Posted by Buster View Post
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    Everyone is coming out of their covid bubble and spending. Housing is no different.
    Correleation confirmed. Realtors are the real covid super spreaders!

  4. #584
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    Ban realtors?
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by ExtraSlow View Post
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    Ban realtors?
    Ban People
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  6. #586
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    It's a good time to buy!

    It's a good time to sell!

  7. #587
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    Quote Originally Posted by killramos View Post
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    Ban People
    kill for world dictator.

  8. #588
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    Conditions just waved on my sale, 13 days 23 hours since going live and I got $11900 more than I’d hoped for. Feels good.

  9. #589
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    Listed my place tuesday and sold for over asking yesterday, now the fun part of home inspection and financing.... The amount of new listings that popped up in the last 4-5 weeks had me pretty worried but the prices of them were so out to lunch(at least to me lol). I was almost going to sell last year in august when i moved into the new place and compared to now i wouldve taken an easy 50k hit if not more had i sold. What a fucking year
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

  10. #590
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    Quote Originally Posted by Rocket1k78 View Post
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    Listed my place tuesday and sold for over asking yesterday, now the fun part of home inspection and financing.... The amount of new listings that popped up in the last 4-5 weeks had me pretty worried but the prices of them were so out to lunch(at least to me lol). I was almost going to sell last year in august when i moved into the new place and compared to now i wouldve taken an easy 50k hit if not more had i sold. What a fucking year
    Congrats! Another case supporting my statement of a 'hot' market.
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

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    selling now seems smart i fyou can downsize, rent or have another use for the money, we may be in a bit of a bubble. Buying now, particularly for investment purposes, would seem to be much riskier.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by Power_Of_Rotary View Post
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    Congrats! Another case supporting my statement of a 'hot' market.
    yeah, nobody knew it was a hot market

  13. #593
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    There's a lot more homes up for sale now.

    This is a case of people reading the media and being two steps behind.

  14. #594
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    Quote Originally Posted by Power_Of_Rotary View Post
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    Congrats! Another case supporting my statement of a 'hot' market.
    Incredibly insightful. Where can I subscribe to your newsletter?

  15. #595
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    Quote Originally Posted by Power_Of_Rotary View Post
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    Congrats! Another case supporting my statement of a 'hot' market.
    Thanks but i wouldnt call me and a couple other sellers on here valid support for your case lol The market was hot but its definitely cooling down. My realtor showed me the stats and the amount of listings now compared to last month is insane....... I think the only reason i sold so quick was because i wasnt out to lunch on my price and there were a couple other houses in my community that were beyond out to lunch which made mine look like a deal lol

    Quote Originally Posted by ExtraSlow View Post
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    selling now seems smart i fyou can downsize, rent or have another use for the money, we may be in a bit of a bubble. Buying now, particularly for investment purposes, would seem to be much riskier.
    Rental market is pretty fucked from what i heard, A lot of LL are offloading their rentals. I dont really see our prices going down much tho, our prices did go up over last year but we didnt see the huge gains like other places. I dont know about other areas but for my community i sold my house for what it was worth before covid.
    Quote Originally Posted by Mitsu3000gt View Post
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    and I did not have the only say in the matter (most people just want it done ASAP and don't care about quality).
    Quote Originally Posted by Mitsu3000gt View Post
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    If anything we made a better decision because we had a consensus and were all on the same page.

  16. #596
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    Pointless stats update:

    2021 YTD Detached sales: 6,699 houses
    2019 Total sales: 9,898 houses

    So we have passed the 2/3rd's mark for 2019 sales and still in the 5th month. If May/June hold the current pace we'll pass 2019 sales by the mid-point of the year.

    If sales don't drop off before new listings start to at the end of summer this might get pretty crazy. But with how bad things are in the center of the universe (Toronto) I gotta wonder how long until the BoC steps in to do something. Or if Ontario will change some rules regarding purchases to try and slow their market.

  17. #597
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    Quote Originally Posted by cjblair View Post
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    Incredibly insightful. Where can I subscribe to your newsletter?
    I am captain insightful.

    But seriously, I know many friends/family selling their homes in a matter of hours with over asking price. If this is a not a clear sign of the next boom/hot market, then I dont know is.
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

  18. #598
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    Prove it.

    I expect a report on my desk in the morning.

  19. #599
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    Quote Originally Posted by pheoxs View Post
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    Pointless stats update:

    2021 YTD Detached sales: 6,699 houses
    2019 Total sales: 9,898 houses

    So we have passed the 2/3rd's mark for 2019 sales and still in the 5th month. If May/June hold the current pace we'll pass 2019 sales by the mid-point of the year.

    If sales don't drop off before new listings start to at the end of summer this might get pretty crazy. But with how bad things are in the center of the universe (Toronto) I gotta wonder how long until the BoC steps in to do something. Or if Ontario will change some rules regarding purchases to try and slow their market.
    I dont believe any governing body will want to cool the market. I bet BoC staff and executives own plenty of real estate. The personal interest/conflict is high haha.
    Originally posted by beyond_ban
    Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.

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    I'm half considering trying to list our place with a quick-close and rent back agreement for the 6-8 months we'll need to stay here.

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