Calgary real estate prospects

[Darkane]

This quote is hidden because you are ignoring this member. Show Quote

Back-testing your investment decisions is not a healthy hobby

Boy isn’t that right. For mental health purposes, leave it in the past.

Good insight ES.

[Power_Of_Rotary]

Im not saying "shoulda". I am just replying to the comment on how "fucked" RE is in Van/Toronto. Stating the fact the situation is good/bad only depending on whether you are a buyer or seller lol.

*edit*

but I do agree, TRY not back test your investment decisions. Coming from someone who mined crypto back in 2013 lol.

[JohnnyHockey13]

Question for you folks...our neighbor, who had their house posted on Friday night (for what I think is an inflated price), their house is now off realtor.ca when I checked this morning. I'm assuming they sold it either Sat or Sunday, my question is how long before we can see the sold price on my realtor's portal link?

I'd ask my realtor but he's super busy and he's not selling our house just yet....and Id ask our neighbor but we've never met them before lol

[Euro_Trash]

This quote is hidden because you are ignoring this member. Show Quote

I'd ask my realtor but he's super busy and he's not selling our house just yet

Complete fair question to ask him IMO, should take him all of 3 seconds.

[sabad66]

Yup just ask your realtor. You're going to paying them a lot of money when you sell, don't feel bad about it.

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

Question for you folks...our neighbor, who had their house posted on Friday night (for what I think is an inflated price), their house is now off realtor.ca when I checked this morning. I'm assuming they sold it either Sat or Sunday, my question is how long before we can see the sold price on my realtor's portal link?

I'd ask my realtor but he's super busy and he's not selling our house just yet....and Id ask our neighbor but we've never met them before lol

Once conditions are released usually. The realtor can mark it conditionally sold to pull it off realtor so they stop getting inquiries. So give or take 10 days probably.

But yeah make your realtor work for the commission lol just ask them.

[you&me]

This quote is hidden because you are ignoring this member. Show Quote

Question for you folks...our neighbor, who had their house posted on Friday night (for what I think is an inflated price), their house is now off realtor.ca when I checked this morning. I'm assuming they sold it either Sat or Sunday, my question is how long before we can see the sold price on my realtor's portal link?

I'd ask my realtor but he's super busy and he's not selling our house just yet....and Id ask our neighbor but we've never met them before lol

I don't actually know if this is how it works w/ real estate, but I'd be encouraging my realtor to contact the selling agent 1) for pricing information, but more importantly 2) to let them know there's another comparable home coming to market so they could potentially re-engage with buyers that missed your neighbours home.

[JohnnyHockey13]

Thread bump....how's it been going lately (anyone buying/selling/looking)??

We just had our realtor come by with a couple photographers and they were saying that things are starting to pick up (more inventory, bad news)...our house should be on MLS by Thursday, just curious if things are still hot or if the pool of buyers have already mostly found what they're looking (in that case, real bad news for us).

I'm really hoping that at this point, more buyers aren't deciding to hold out for more selection coming?

[pheoxs]

This quote is hidden because you are ignoring this member. Show Quote

Thread bump....how's it been going lately (anyone buying/selling/looking)??

We just had our realtor come by with a couple photographers and they were saying that things are starting to pick up (more inventory, bad news)...our house should be on MLS by Thursday, just curious if things are still hot or if the pool of buyers have already mostly found what they're looking (in that case, real bad news for us).

I'm really hoping that at this point, more buyers aren't deciding to hold out for more selection coming?

Days on market is still averaging under a month for detached so still seems quite hot. Active listings is rising though, as it does every spring (still down a lot from last spring) so that could affect things but also soon we'll be close to people wanting possession when school is out so I'd guess things still stay pretty busy.

[Neil4Speed]

This quote is hidden because you are ignoring this member. Show Quote

Days on market is still averaging under a month for detached so still seems quite hot. Active listings is rising though, as it does every spring (still down a lot from last spring) so that could affect things but also soon we'll be close to people wanting possession when school is out so I'd guess things still stay pretty busy.

My observation is that there are sticking point prices. I think inventory in the 400-650 or so are moving quick, but 700+ stays on the market for a while. Kind of to be expected, but there was a house we were very much considering which we thought was a good value proposition that is still on the market (actually has been for a very very long time) in spite of a 'wildfire' market.

Some 'funny stuff' happening too... (Vancouver/Toronto style),

https://www.realtor.ca/real-estate/2...algary-varsity - Listed at $499, which is probably $100k less than market value for similar homes... essentially said make your offer until the end of the week and highest would get the house.

[riander5]

This quote is hidden because you are ignoring this member. Show Quote

My observation is that there are sticking point prices. I think inventory in the 400-650 or so are moving quick, but 700+ stays on the market for a while. Kind of to be expected, but there was a house we were very much considering which we thought was a good value proposition that is still on the market (actually has been for a very very long time) in spite of a 'wildfire' market.

Some 'funny stuff' happening too... (Vancouver/Toronto style),

https://www.realtor.ca/real-estate/2...algary-varsity - Listed at $499, which is probably $100k less than market value for similar homes... essentially said make your offer until the end of the week and highest would get the house.

I wonder what was paid for this slightly spritzed up piece of shit

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

I wonder what was paid for this slightly spritzed up piece of shit

It's directly in from of the Shag with heavy stop and go traffic in front every morning. Not sure they can make any $ at $499.

[Team_Mclaren]

This quote is hidden because you are ignoring this member. Show Quote

https://www.realtor.ca/real-estate/2...algary-varsity - Listed at $499, which is probably $100k less than market value for similar homes... essentially said make your offer until the end of the week and highest would get the house.

I can never understand why the first photo of any listing isnt the front of the house. It's the same with cars /vent

[Power_Of_Rotary]

This quote is hidden because you are ignoring this member. Show Quote

I can never understand why the first photo of any listing isnt the front of the house. It's the same with cars /vent

The most important info in a house listing is the location, sqft, lot size and price tag. Pictures are just for window shoppers, essentially. I bet most homes sold in vancouver did not need pictures or even a personal visit (lol corrupt china officials).

[prae]

This quote is hidden because you are ignoring this member. Show Quote

My observation is that there are sticking point prices. I think inventory in the 400-650 or so are moving quick, but 700+ stays on the market for a while.

I've heard this as well but I can say anecdotally that's not been the case. My parents just listed a place in the high 700s and have had 10+ showings with multiple offers in the last 48hrs. And this is a place with a 35 year old kitchen, etc. Well kept— but original.

[bjstare]

This quote is hidden because you are ignoring this member. Show Quote

I can never understand why the first photo of any listing isnt the front of the house. It's the same with cars /vent

I agree with you, but in the case of this place I can certainly understand why they didn't - the curb appeal is utter dog shit.

[Xtrema]

This quote is hidden because you are ignoring this member. Show Quote

I agree with you, but in the case of this place I can certainly understand why they didn't - the curb appeal is utter dog shit.

This and all you see 30ft in front of you is the 15ft tall sound barrier to Shag.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

I can never understand why the first photo of any listing isnt the front of the house. It's the same with cars /vent

It's a lose-lose situation.

Any listing not using the front of the house as the first photo raises red flags for me and it makes me go find it and figure out why.
If you do post it as the first photo, people may skip your house altogether right off the bat.

So... yeah lol.

[rc51]

This quote is hidden because you are ignoring this member. Show Quote

I've heard this as well but I can say anecdotally that's not been the case. My parents just listed a place in the high 700s and have had 10+ showings with multiple offers in the last 48hrs. And this is a place with a 35 year old kitchen, etc. Well kept— but original.

I wish high 700s+ were stagnant. We're looking to build when returning to YYC. So far, 4 properties we got leads on in the $900K-$950K range have sold even before they hit the market.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

I've heard this as well but I can say anecdotally that's not been the case. My parents just listed a place in the high 700s and have had 10+ showings with multiple offers in the last 48hrs. And this is a place with a 35 year old kitchen, etc. Well kept— but original.

Yeah lol. There is a place in Mahogany in the 700-800 range who placed a FS sign up and it wasn't even listed yet. Then a day later it said SOLD. Lol!