Well just to show you how hot the crazy market is around us 12 days on the market and we sold. No conditions done deal.
Timing could not be better with youngest going off to University next month. FREE AT LAST.
And the bonus was i get to keep my radiant heat shop heater for the next BIGGER shop.
Happy as a lark.
Only one that aint happy is the oldest one getting the push. BUt he is making progress finally towards his own place and Linda is coming to terms with it.
Quiet like the new people that are buying the house. Couple that have only been in Canada for 1 year and coming from one of our Islands out east. The originate from Baikonour area of Kazakhstan.
Been looking for land around here and spoke to our agent about it and it would seem i need to find land that has some form of dwelling even if its a run down shack. Makes a huge difference to how it fits with banks and town from a development and taxes point of view. I need to do much more research on this subject to get more familiar with the ins and outs before i take the next plunge.
I am just happy i am out of the property market before any crash occurs. All my common sense and knowledge says our local market is in for a significant correction. BUt like others before me i may well be wrong.
Canada is importing 200 to 300 thousand people per year. Around 40% odd of that total end up in what is called the GTA, (greater toronto area). This drives demand for accomodation here and prices just keep going higher and higher. BUt i fear the interest rates we are enjoying in North America cannot and will not continue and when the cycle turns well people will feel the pain of not having cut their coat to suite their cloth.
Forward to the new chapter .