ArcticCrusher Posted April 4, 2018 Share Posted April 4, 2018 2 hours ago, Nazipigdog said: Ive been to Ontario, far from great. It was socialist as hell then. Going down. Unfortunately we are getting more socialist. Regardless, the last 3 months the prices have risen steadily. They dropped sharply a year ago when the Tards introduced a 15% foreign buyers tax and now some buyers who bought at the peak are having remorse. Lol. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Blackstar Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 1 hour ago, ArcticCrusher said: Unfortunately we are getting more socialist. Regardless, the last 3 months the prices have risen steadily. They dropped sharply a year ago when the Tards introduced a 15% foreign buyers tax and now some buyers who bought at the peak are having remorse. Lol. Prices were crazy around here (K-W) last spring, then it took a drop late summer. I'm working for a realtor right now and he says Toronto has fallen back a ways but around here things are still strong and not near as many houses on the market. Tough to find a starter under $500k. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 5, 2018 Share Posted April 5, 2018 45 minutes ago, Blackstar said: Prices were crazy around here (K-W) last spring, then it took a drop late summer. I'm working for a realtor right now and he says Toronto has fallen back a ways but around here things are still strong and not near as many houses on the market. Tough to find a starter under $500k. Here are the stats for the GTA. What it really comes down to is a couple of months that skewed the numbers that idiots think should have set a new trend. Problem is with some who bought new homes expecting their resales to be worth more than the new and are now SOL. Too bad. http://www.mississauga4sale.com/TREBprice.htm Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted April 5, 2018 Share Posted April 5, 2018 just did a market analysisdone for a ww2 rambler I bought this last summer intending to flip. I have had to much shit going on have not had time to do much . looking like I could dump as is now and still make 10g after fees . I may have my guy put it out there,just to see if some other flippers,or first time buyers bid it up . no time right now Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 1 hour ago, Blackstar said: Prices were crazy around here (K-W) last spring, then it took a drop late summer. I'm working for a realtor right now and he says Toronto has fallen back a ways but around here things are still strong and not near as many houses on the market. Tough to find a starter under $500k. The whole article is about high end homes. I think that's what everyone seems to be missing. $1-2 mill range. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Blackstar Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 6 minutes ago, steve from amherst said: The whole article is about high end homes. I think that's what everyone seems to be missing. $1-2 mill range. No, the article is about the average selling price of all detached homes. Just that it states that the hardest hit market is Luxury homes (Over $2 mil.) The average selling price is almost $800k. You don't get luxury in Toronto for $1 mil. You can get in to a luxury home in my are for just over $1 mil but our average selling price here is around $550k. “Detached home sales, which generally represent the highest price points in a given area, declined much more than other home types,” the board said in its monthly report. “In addition, the share of high-end detached homes selling for over $2 million in March 2018 was half of what was reported in March 2017, further impacting the average selling price.” Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted April 5, 2018 Author Share Posted April 5, 2018 6 hours ago, 01mxz800 said: who really gives a fuck about home prices in Cananadastan Fucktards who post on a thread they know nothing about. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted April 5, 2018 Author Share Posted April 5, 2018 1 hour ago, steve from amherst said: The whole article is about high end homes. I think that's what everyone seems to be missing. $1-2 mill range. No. You are stupid and can't read. High end homes down 17% in price. Across the board 14%. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted April 5, 2018 Author Share Posted April 5, 2018 1 hour ago, Blackstar said: No, the article is about the average selling price of all detached homes. Just that it states that the hardest hit market is Luxury homes (Over $2 mil.) The average selling price is almost $800k. You don't get luxury in Toronto for $1 mil. You can get in to a luxury home in my are for just over $1 mil but our average selling price here is around $550k. “Detached home sales, which generally represent the highest price points in a given area, declined much more than other home types,” the board said in its monthly report. “In addition, the share of high-end detached homes selling for over $2 million in March 2018 was half of what was reported in March 2017, further impacting the average selling price.” Funny how the low end homes climbed and the high end homes haven't gone up much. My house cleared a million dollars 5 years ago. I doubt it climbed 10% since. Low end homes when from 250 to 500 in the same time. For double the price you get 4 times the land, 3 times the house and very little repairs. I guess it shows there are way more people on the low end of the scale. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Blackstar Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 14 minutes ago, revkevsdi said: Funny how the low end homes climbed and the high end homes haven't gone up much. My house cleared a million dollars 5 years ago. I doubt it climbed 10% since. Low end homes when from 250 to 500 in the same time. For double the price you get 4 times the land, 3 times the house and very little repairs. I guess it shows there are way more people on the low end of the scale. The low end of the market is flooded with buyers looking to get in. I've seen some of these $499k listings that sell for $700k and I just shake my head. Then a house that's double the sqft and double the lot size lists for $850 and it sells for the asking after 2 months on the market. One of my employees went to look at a house that was listing for $399k a year ago. When he talked to the realtor she said they expected to sell for around $550k. IDK, something just seems crooked about the whole deal to me but I guess all is fair. Quote Link to comment Share on other sites More sharing options...
Usedtoskidoo Posted April 5, 2018 Share Posted April 5, 2018 9 hours ago, ArcticCrusher said: Here are the stats for the GTA. What it really comes down to is a couple of months that skewed the numbers that idiots think should have set a new trend. Problem is with some who bought new homes expecting their resales to be worth more than the new and are now SOL. Too bad. http://www.mississauga4sale.com/TREBprice.htm https://www.thestar.com/business/2018/04/04/they-bought-their-prebuilt-homes-at-the-markets-peak-now-they-face-financial-ruin.html government should stay out of our business. I particularly like the "we should be global citizens" line but we should stop global investment in our markets.............. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 5, 2018 Share Posted April 5, 2018 9 hours ago, steve from amherst said: The whole article is about high end homes. I think that's what everyone seems to be missing. $1-2 mill range. No, its just the average. A 1.1 million home is TO is an absolute pos you wouldn't let your dog stay in. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 5, 2018 Share Posted April 5, 2018 7 hours ago, revkevsdi said: Funny how the low end homes climbed and the high end homes haven't gone up much. My house cleared a million dollars 5 years ago. I doubt it climbed 10% since. Low end homes when from 250 to 500 in the same time. For double the price you get 4 times the land, 3 times the house and very little repairs. I guess it shows there are way more people on the low end of the scale. Where is that? Quote Link to comment Share on other sites More sharing options...
JEFF Posted April 5, 2018 Share Posted April 5, 2018 13 hours ago, Angry ginger said: i plan on going from 4000 sf to under 2000 but in a more expensive town. Same, except the more expensive town part. Screw that... Although even the shithole towns are catching up tax wise. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 1 minute ago, ArcticCrusher said: No, its just the average. A 1.1 million home is TO is an absolute pos you wouldn't let your dog stay in. Yes , I see that now. I had just read the first part. Then after seeing other replies realized it was self inflicted anyways and had little to do with the market. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 Just now, JEFF said: Same, except the more expensive town part. Screw that... Although even the shithole towns are catching up tax wise. Ya know anything about Monroe? Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 5, 2018 Share Posted April 5, 2018 7 hours ago, revkevsdi said: No. You are stupid and can't read. Thats rich coming from the likes of you. Quote Link to comment Share on other sites More sharing options...
JEFF Posted April 5, 2018 Share Posted April 5, 2018 1 minute ago, steve from amherst said: Ya know anything about Monroe? It's a nice area, I camp not far from there in N Haverhill. I really like the Connecticut river valley. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 5, 2018 Share Posted April 5, 2018 7 hours ago, Blackstar said: The low end of the market is flooded with buyers looking to get in. I've seen some of these $499k listings that sell for $700k and I just shake my head. Then a house that's double the sqft and double the lot size lists for $850 and it sells for the asking after 2 months on the market. One of my employees went to look at a house that was listing for $399k a year ago. When he talked to the realtor she said they expected to sell for around $550k. IDK, something just seems crooked about the whole deal to me but I guess all is fair. No. its actually rather slimy. What happens is the real estate agent(s) puts in the first bid or more (that will expire) to start a bidding war to unsuspecting buyers in hopes of gathering fabricated interest. When we were looking at cottages there was one we were interested in and our agent told us there would be an offer from the listing agent, we pulled our bid. Total BS IMO. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted April 5, 2018 Share Posted April 5, 2018 12 minutes ago, DriftBusta said: Thats rich coming from the likes of you. No shit. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 13 minutes ago, JEFF said: It's a nice area, I camp not far from there in N Haverhill. I really like the Connecticut river valley. Low prop taxes got my attn. Proximity to Danville vt and the beginning of cow country riding sparked my interest even more. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted April 5, 2018 Share Posted April 5, 2018 16 minutes ago, JEFF said: It's a nice area, I camp not far from there in N Haverhill. I really like the Connecticut river valley. x2. Probably buy a place on a lake somewhere in the next 5 years, when we start divesting ourselves in Taxinecticut. Although my taxes went down a 1/3 in the next town over from my last house, and its 1000 sq. ft. larger house. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted April 5, 2018 Share Posted April 5, 2018 39 minutes ago, JEFF said: Same, except the more expensive town part. Screw that... Although even the shithole towns are catching up tax wise. Town with nothing have some of the highest taxes. I want downtown Portsmouth but will prob not get it till the next downturn so there will be something in transition in the middle as a rental. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted April 5, 2018 Platinum Contributing Member Share Posted April 5, 2018 A lot of vacation towns have low prop taxes as many homes don't have kids in the school system and schools eat up 80% of tax bills. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted April 7, 2018 Share Posted April 7, 2018 On 4/5/2018 at 8:32 AM, steve from amherst said: A lot of vacation towns have low prop taxes as many homes don't have kids in the school system and schools eat up 80% of tax bills. Hit or miss. For example I was in freedom with low taxes ckf with similar value property was twice as much. Less kids for sure helps town like Hales location with close to no kids at all in the systems about as cheap as it comes. Quote Link to comment Share on other sites More sharing options...
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