Calgary real estate prospects

[Tik-Tok]

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Oh yes Halifax is on fire right now

Not just Halifax. Some relatives just sold their place 2hours away from Halifax, in a tiny little town of 1500 people, and had a bidding war going on. Went for 15% above list price.

[Rocket1k78]

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The amount of bullshit you spew could fill up multiple green bins. Your fucking idiocy and impotence in negotiating doesn't mean it applies to everyone else.

BAHAHAHA did i hit a soft spot? the irony in your post is insane. You go and tell home buyers they have no recourse on a home the day before possession, no pre pos walk throughs, homes sold as is and im the one spewing bullshit

And if you're not too triggered could you show me where i went wrong on my negotiations and then tried to pawn them off on everyone else?

Whats your address? ill drop my green bin off for you when yours is full.....

[Xtrema]

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Not just Halifax. Some relatives just sold their place 2hours away from Halifax, in a tiny little town of 1500 people, and had a bidding war going on. Went for 15% above list price.

It's ridiculous what they want for new builds with shitty quality. It's almost like it was 2007 in Calgary.

That said supply chain is causing havoc with new builds around AB.
https://www.cbc.ca/news/canada/calga...tion-1.6241377

AWS is opening a datacenter somewhere around Calgary. So things are looking a lot less depressing in the short term.
https://www.cbc.ca/news/canada/calga...ment-1.6241214

[ExtraSlow]

Aws is not that many new jobs. It's a great thing, but it's not moving the needle on real estate.

[jwslam]

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It's ridiculous what they want for new builds with shitty quality. It's almost like it was 2007 in Calgary.

That said supply chain is causing havoc with new builds around AB.
https://www.cbc.ca/news/canada/calga...tion-1.6241377

I have friends who took possession of a new build in Aug.
They are still living without:
-Mirrors
-Shower glass; so they are restricted to using the one shower w/ curtain
-All closet fittings / pantry wire shelving

[bjstare]

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I have friends who took possession of a new build in Aug.
They are still living without:
-Mirrors
-Shower glass; so they are restricted to using the one shower w/ curtain
-All closet fittings / pantry wire shelving

Why would they accept/sign off?

[max_boost]

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Why would they accept/sign off?

thinking the same thing lol

[gyromonkey]

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I have friends who took possession of a new build in Aug.
They are still living without:
-Mirrors
-Shower glass; so they are restricted to using the one shower w/ curtain
-All closet fittings / pantry wire shelving

My Money is that their builder uses HS/SS, that company is currently circling the drain from what I hear. Which is sad after this many years. I just pulled a bunch houses from them and send them to my other vender. I spent last week buying mirrors and shower curtains for our clients to get then through the next two weeks till the new vendor can complete the last minute order.

Realistically the buyers don't have much they can do, it's being treated the same as seasonal stuff ie (stucco competition during winter builds) it should be noted on the COP for completion when it arrives. If the customers refuse to take possession the builder will have a clause that says they can charge interest daily. Shitty spot to be in. The entire industry now is messed, 22 week lead time on some tubs, 16-18 weeks for garage doors, My plumber can't even get PEX for house waterlines currently

[Ummach]

I have quite a question now about how to sell my mother's house, for this money to buy one studio apartment for my brother, and earlier I planned to invest in construction in order to get a two-room apartment (so far, the money that remains after buying an apartment for my brother, I only have enough for 1 room). I just can't figure out when is the best time for me to do this. After all, when the value of real estate falls, I constantly monitor the cost of apartments on this portal https://resmile.ca/ , then I sell my mother's house for less than I would like, but when the price of real estate rises, then the price of an apartment for my brother rises and my plan to get a two-room apartment over time fails due to lack of money for the down payment for the purchase of an apartment to be built. . Any advice on this?

[ExtraSlow]

Do it, real estate is so hot right now.

[Ummach]

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Do it, real estate is so hot right now.

Is this your advice to me? I really really want to live separately with my brother, but I'm also very afraid to do something wrong and miss a good opportunity because of haste or vice versa because of waiting.

[killramos]

The best time to sell is when you want to sell. The best time to buy is when you want to buy.

Sounds like both of those times are now.

HAWT

[Buster]

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My Money is that their builder uses HS/SS, that company is currently circling the drain from what I hear. Which is sad after this may years.

Where did you hear that?

[Xtrema]

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I have quite a question now about how to sell my mother's house, for this money to buy one studio apartment for my brother, and earlier I planned to invest in construction in order to get a two-room apartment (so far, the money that remains after buying an apartment for my brother, I only have enough for 1 room). I just can't figure out when is the best time for me to do this. After all, when the value of real estate falls, I constantly monitor the cost of apartments on this portal https://resmile.ca/ , then I sell my mother's house for less than I would like, but when the price of real estate rises, then the price of an apartment for my brother rises and my plan to get a two-room apartment over time fails due to lack of money for the down payment for the purchase of an apartment to be built. . Any advice on this?

Did you mom passed? Or is she going into a home?

Why can't you and your bro just share the house and save up until you are ready to own your own property?

Apartments are risky, I wouldn't own any. Rent only. Too many factors not under your control.

https://toronto.ctvnews.ca/sudden-11...eats-1.5655442

[Rocket1k78]

Never read the FP so not sure how fake news they are lol https://financialpost.com/commoditie...n-oil-led-boom

[killramos]

Boom sounds HAWT to me

[you&me]

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Boom sounds HAWT to me

Sooooo HAWT.

Maybe the prices around here will finally recover to 2014 levels, so I can feel some of that sweet market heat Power of Rotary is experiencing...

[Buster]

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Sooooo HAWT.

Maybe the prices around here will finally recover to 2014 levels, so I can feel some of that sweet market heat Power of Rotary is experiencing...

I think Rotary was disappointed with our behaviour and vamoosed.

[killramos]

He always comes back. Only so much to do with 120 sqft of living space.

[Power_Of_Rotary]

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He always comes back. Only so much to do with 120 sqft of living space.

Word.

But who said I lived in a shoebox??

- - - Updated - - -

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I think Rotary was disappointed with our behaviour and vamoosed.

lol. Why would I be disappointed? Thats your mothers job.