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Showing posts with label buying in this market. Show all posts
Showing posts with label buying in this market. Show all posts

Thursday, February 9, 2017

This is the new reality in Durham Region ! Crazy or What

Ok so I have been telling everyone how the market is crazy out there and multiple offers are everywhere.  Well folks, this is the new reality.  This was last night !!!  In Whitby, a bungalow with a single car garage... listed for 549,900 and had 32 offers and sold for $900,000

When is this nonsense going to stop !   That means 31 families LOST.  31 agents left with disappointed clients.  And now what happens with the next listing in or around that street.  Is it worth $1,000,000 ... C'mon people, stop this madness.

Either agents are pricing this stuff ridiculously low or the public has gone stark raving mad !  I am sorry but that house should never have sold for 900,000...

Please be careful out there.  Don't get caught up in this nonsense.  Have the common sense to walk away !   I hate to say it but I think we are on a very slippery slope right now ... and I am starting to worry about how this will end.

Just thought I would show you the reality of my every now !  Oh and I passed my Brokers exam.  I figured after this long, I should get it done... :)   Have a great night everyone and Happy Valentines ... maybe a house is a better investment than a ring but a ring is a lot cheaper !  LOL

The divorce may cost you !  LOL... have a great night !

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