Calgary real estate prospects

[ercchry]

It will pickup again after the next Chinook

[ExtraSlow]

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Because of weather?

This

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It will pickup again after the next Chinook

Also this

[TomcoPDR]

I’d say this will be gone in a week

Check out this listing
https://realtor.ca/real-estate/24103...alsharelisting

[ExtraSlow]

Probably. Great area.

[Twin_Cam_Turbo]

The only downside to that location is the fair amount of noise from McKnight/John Laurie.

[ExtraSlow]

Yes.

[RX_EVOLV]

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I’d say this will be gone in a week

Check out this listing
https://realtor.ca/real-estate/24103...alsharelisting

Sold 21K above list.

[TomcoPDR]

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Sold 21K above list.

Hawt

[riander5]

That was a decent pad, nice to see it didn't sell for some insane 100k above list.... Although the original price was expensive it wasnt THAT expensive. Maybe things can finally start coming back to planet earth.. maybe

[killramos]

If a house was priced 100k below market, then sold for 100k over list, how insane was the sale price?

[ExtraSlow]

Well one of those three numbers is imaginary. So, the real answer is that the market is hawt.

[riander5]

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If a house was priced 100k below market, then sold for 100k over list, how insane was the sale price?

My point was, the more houses are selling at or near their sales prices, the better it is for the market.

Blind bidding on houses whether priced correctly or underpriced is not good overall.

[killramos]

Real estate transactions have enough dilutives associated that erode that problem long term.

[ercchry]

I honestly hope we don’t go to the Ontario model of purchasing, it only helps the sketchy sellers with the sense of urgency and dropping of conditions that should exist to protect the buyers

[killramos]

Disagree. I think the big thing real estate has been missing is liquidity.

We now have it and it’s a good thing.

If idiot speculators want to be market makers I say let them.

[Buster]

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I honestly hope we don’t go to the Ontario model of purchasing, it only helps the sketchy sellers with the sense of urgency and dropping of conditions that should exist to protect the buyers

The best protection for buyers is intelligence.

[oster]

https://www.realtor.ca/real-estate/2...tyIds=24068634

[killramos]

Sounds like a great way to never see your $39k again.

[90_Shelby]

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https://www.realtor.ca/real-estate/2...tyIds=24068634

At least we now know the real reason @Buster hates real estate as an investment.

Good luck with the sale buddy! I hope you find a buyer!

[ThePenIsMightier]

I bet that community's Facebook group has a lot to say about that house and its occupants.