On Wed, Feb 3, 2010 at 12:05 PM, Bob Sullivan <rf.sulli...@gmail.com> wrote: > Dave, > Glad to hear that. I don't know if you Canadians experienced the > 'irrational exuberance' in home prices we did in the USA. I hope they > got a good price at a market low. > Regards, Bob S.
This has been a really weird reccession as far as real estate. The last few, sales slowed down, prices fell and it took a while to get the ball rolling again. STS. However, the past 2 years has been crazy. Prices are rising, its a sellers market. Homes put up for sale selling that same day, and with a bidding war. Just crazy. I think the price was far given whats going on here. Its far considering what they are getting. There is a middle unit in the same block, two doors away, that we looked at. It was listed at $10,000 less than the end unit. About 200 sq feet less, a poorly done basement, no yard. I think they will do ok here, they can afford it, and it ~should~ be a better resale. Dave > > On Wed, Feb 3, 2010 at 9:28 AM, David J Brooks <pentko...@gmail.com> wrote: >> As you may recall, Erin and James are wedding in Oct and have been house >> hunting for 2-3 months. They put in an offer on an over priced, crappy >> house back in Dec, that no one wanted them to buy. Thankfully it >> failed the home inspection big time. >> >> Devastated, we convinced them to carry on, and re asses the areas they >> want to live in. >> >> Thankfully kids will, eventually , listen to their parents and they >> found a lovely 3 year old end unit townhouse about 20 minutes north of >> here. A tad more than i wanted them to spend, but manageable. Lovely >> house with a monster yard for a town house. Its the way the block sits >> in conjunction to the curve in the road, some were around 110' wide by >> 140' deep, in a pie shape. Most towns are 18' wide with a 10-12' back >> yard. >> Bonus. >> >> Now they just have to sit through 30 years of payments.:-) >> >> Dave >> >> PS, now ~they~ have a better house than us, AND they both have jobs, >> unlike us. Were is the justice eh., >> >> >> >> >> -- >> Documenting Life in Rural Ontario. >> www.caughtinmotion.com >> http://brooksinthecountry.blogspot.com/ >> York Region, Ontario, Canada >> >> -- >> PDML Pentax-Discuss Mail List >> PDML@pdml.net >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> to UNSUBSCRIBE from the PDML, please visit the link directly above and >> follow the directions. >> > > -- > PDML Pentax-Discuss Mail List > PDML@pdml.net > http://pdml.net/mailman/listinfo/pdml_pdml.net > to UNSUBSCRIBE from the PDML, please visit the link directly above and follow > the directions. > -- Documenting Life in Rural Ontario. www.caughtinmotion.com http://brooksinthecountry.blogspot.com/ York Region, Ontario, Canada -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
