Houses selling like hot cakes !!!
Apr 14th 2006, 3:10 pm
#16
sticky beaking
Thread Starter
Joined: Aug 2005
Location: Sherwood Park,Alberta
Posts: 1,156
Re: Houses selling like hot cakes !!!
Originally Posted by Linda P
You are right, they are selling around here very fast (Edmonton) we are hearing of properties being sold before the sign goes up. Another story was that when a potential buyer tried to arrange a viewing, they were told that there was already 3 offers on the table, so they were not showing anyone else the house....but if they wanted to put a ' closed offer ' in they could, can you imagine putting an offer in on a house you hadn't even been to see! :scared:
It seems to be going mad at the moment, typical just when we will be starting to look!!!! Our house went on the market in the UK yesterday!!! fingers crossed for us!!!!
It seems to be going mad at the moment, typical just when we will be starting to look!!!! Our house went on the market in the UK yesterday!!! fingers crossed for us!!!!
Apr 16th 2006, 7:48 am
#17
Forum Regular
Joined: Jan 2006
Posts: 139
Re: Houses selling like hot cakes !!!
Originally Posted by Linda P
You are right, they are selling around here very fast (Edmonton) we are hearing of properties being sold before the sign goes up. Another story was that when a potential buyer tried to arrange a viewing, they were told that there was already 3 offers on the table, so they were not showing anyone else the house....but if they wanted to put a ' closed offer ' in they could, can you imagine putting an offer in on a house you hadn't even been to see! :scared:
It seems to be going mad at the moment, typical just when we will be starting to look!!!! Our house went on the market in the UK yesterday!!! fingers crossed for us!!!!
It seems to be going mad at the moment, typical just when we will be starting to look!!!! Our house went on the market in the UK yesterday!!! fingers crossed for us!!!!
Hi guys,
Yes, prices are increasing at an alarming rate. We visited Calgary in 05 and 06. Family detached 3 bed, double garage was CAD$260k in 05, now 06 $380K and climbing..... I'm not a Realtor, but saw several properties like this, also 'multiple bids' is the thing right now - as people here said - lots of buyers, not enough available housing. One house stated 390k, but sold for 420k to the highest bidder. Clearly over the odds and value of the property. These houses were fairly ordinary in 'non-lake' areas of Calgary (usually 'cheaper').
I knew they'd increase, but was surprised at the rate - last quarter of 2005 really jumped.
Anyway, it's just another obstacle on your plans, but shouldn't deter you if that's what you really want.
All The Best.
Apr 16th 2006, 8:36 am
#18
Banned
Joined: Dec 2005
Location: In Limbo
Posts: 15,706
Re: Houses selling like hot cakes !!!
Originally Posted by happylandings
Hi guys,
Yes, prices are increasing at an alarming rate. We visited Calgary in 05 and 06. Family detached 3 bed, double garage was CAD$260k in 05, now 06 $380K and climbing..... I'm not a Realtor, but saw several properties like this, also 'multiple bids' is the thing right now - as people here said - lots of buyers, not enough available housing. One house stated 390k, but sold for 420k to the highest bidder. Clearly over the odds and value of the property. These houses were fairly ordinary in 'non-lake' areas of Calgary (usually 'cheaper').
I knew they'd increase, but was surprised at the rate - last quarter of 2005 really jumped.
Anyway, it's just another obstacle on your plans, but shouldn't deter you if that's what you really want.
All The Best.
Yes, prices are increasing at an alarming rate. We visited Calgary in 05 and 06. Family detached 3 bed, double garage was CAD$260k in 05, now 06 $380K and climbing..... I'm not a Realtor, but saw several properties like this, also 'multiple bids' is the thing right now - as people here said - lots of buyers, not enough available housing. One house stated 390k, but sold for 420k to the highest bidder. Clearly over the odds and value of the property. These houses were fairly ordinary in 'non-lake' areas of Calgary (usually 'cheaper').
I knew they'd increase, but was surprised at the rate - last quarter of 2005 really jumped.
Anyway, it's just another obstacle on your plans, but shouldn't deter you if that's what you really want.
All The Best.
I think you'll find that the most expensive areas in Calgary (certainly based on sqft/$) do not have Lakes.
Not everybody wants to live in a Lake Community!
Apr 17th 2006, 10:03 am
#19
BE Enthusiast
Joined: Jan 2005
Posts: 308
Re: Houses selling like hot cakes !!!
Originally Posted by happylandings
Hi guys,
Yes, prices are increasing at an alarming rate. We visited Calgary in 05 and 06. Family detached 3 bed, double garage was CAD$260k in 05, now 06 $380K and climbing..... I'm not a Realtor, but saw several properties like this, also 'multiple bids' is the thing right now - as people here said - lots of buyers, not enough available housing. One house stated 390k, but sold for 420k to the highest bidder. Clearly over the odds and value of the property. These houses were fairly ordinary in 'non-lake' areas of Calgary (usually 'cheaper').
I knew they'd increase, but was surprised at the rate - last quarter of 2005 really jumped.
Anyway, it's just another obstacle on your plans, but shouldn't deter you if that's what you really want.
All The Best.
Yes, prices are increasing at an alarming rate. We visited Calgary in 05 and 06. Family detached 3 bed, double garage was CAD$260k in 05, now 06 $380K and climbing..... I'm not a Realtor, but saw several properties like this, also 'multiple bids' is the thing right now - as people here said - lots of buyers, not enough available housing. One house stated 390k, but sold for 420k to the highest bidder. Clearly over the odds and value of the property. These houses were fairly ordinary in 'non-lake' areas of Calgary (usually 'cheaper').
I knew they'd increase, but was surprised at the rate - last quarter of 2005 really jumped.
Anyway, it's just another obstacle on your plans, but shouldn't deter you if that's what you really want.
All The Best.
Apr 17th 2006, 11:19 am
#20
sticky beaking
Thread Starter
Joined: Aug 2005
Location: Sherwood Park,Alberta
Posts: 1,156
Re: Houses selling like hot cakes !!!
Originally Posted by dexdaw
Up by a third in a year. How on earth can the locals get on the housing market?
Apr 17th 2006, 11:32 am
#21
Joined: Feb 2006
Location: Red Deer, Alberta
Posts: 10,614
Re: Houses selling like hot cakes !!!
Originally Posted by dexdaw
Up by a third in a year. How on earth can the locals get on the housing market?
have you seen Trailer park Boys?!!!!! :scared:
Apr 18th 2006, 7:25 am
#22
Forum Regular
Joined: Jan 2006
Posts: 139
Re: Houses selling like hot cakes !!!
Originally Posted by Butch Cassidy
Since when have non-lake areas been cheaper??????
I think you'll find that the most expensive areas in Calgary (certainly based on sqft/$) do not have Lakes.
Not everybody wants to live in a Lake Community!
I think you'll find that the most expensive areas in Calgary (certainly based on sqft/$) do not have Lakes.
Not everybody wants to live in a Lake Community!
I told you I wasn't a Realtor.
Apr 18th 2006, 7:31 am
#23
Forum Regular
Joined: Jan 2006
Posts: 139
Re: Houses selling like hot cakes !!!
Originally Posted by happylandings
From the nine houses we viewed - the most expensive were in so called 'Lake Areas.' I personally don't mind living in a non-lake community. (Ammenities, neighbourhood and house size etc. are far more important).
I told you I wasn't a Realtor.
I told you I wasn't a Realtor.
The point is....they are all flaming expensive! Thinking of pitching a tent there instead.....a four season one of course.......
Apr 18th 2006, 10:33 am
#24
Banned
Joined: Dec 2005
Location: In Limbo
Posts: 15,706
Re: Houses selling like hot cakes !!!
Originally Posted by happylandings
From the nine houses we viewed - the most expensive were in so called 'Lake Areas.' I personally don't mind living in a non-lake community. (Ammenities, neighbourhood and house size etc. are far more important).
I told you I wasn't a Realtor.
I told you I wasn't a Realtor.
I wont even dare ask who your realtor was!
But I could hazard a guess!!!
Lets hope the market plateaus out for you.
