#10553038 - 03/07/24 03:33 PM
Re: dat real estate v.2021
[Re: Big Tasty]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44961
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 that's amazing
Speaking of real estate, i just lost in a bidding war on this property.
Probably one of the nicest renos I've seen in a while, definitely over renovated for the neighbourhood, but damn was this place top notch. Guy had a b7 RS4 in the garage too.
https://housesigma.com/bkv2/landing/root...um=desktop&ign=
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#10579166 - 05/22/24 12:45 PM
Re: dat real estate v.2021
[Re: furball]
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Risky Business
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Post Master Supreme
Registered: 05/17/10
Posts: 44961
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Same song and dance as every year.
Sellers in the GTA have proven resilient and buyers are still out there. There is going to be no shock when people have 2 years to do something about their renewal. I've already sold a couple properties where people were starting to drown.
Market is very much trading sideways now like it was in 2023, more or less this is our crash, rather than the annualized 8% appreciation we've been spoiled to see for the last 16 years.
Parts of Markham at all time highs, same with parts of Durham, the only real part of RE that's really in the shitter are downtown condos (commoditized units), the nice ones are still moving.
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#10580871 - 05/27/24 02:44 PM
Re: dat real estate v.2021
[Re: Risky Business]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107153
Loc: Barrie, Ont,
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Not looking forward to 2025 and my renewal.
_________________________
-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d 
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#10583287 - 06/03/24 01:38 PM
Re: dat real estate v.2021
[Re: LNXGUY]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9492
Loc: Toronto, ON
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#10583497 - 06/04/24 08:31 AM
Re: dat real estate v.2021
[Re: Simon_the_Pieman]
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Risky Business
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Post Master Supreme
Registered: 05/17/10
Posts: 44961
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desperate times, desperate measures.
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#10583571 - 06/04/24 11:19 AM
Re: dat real estate v.2021
[Re: Risky Business]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107153
Loc: Barrie, Ont,
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Two houses just sold in my neighbourhood. Not surprised they sold within 2-3 days, popular place to be apparently and not a lot of houses come up for sale here. I believe both sold for 950k.
_________________________
-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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#10583656 - 06/04/24 03:14 PM
Re: dat real estate v.2021
[Re: LNXGUY]
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Risky Business
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Post Master Supreme
Registered: 05/17/10
Posts: 44961
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Two houses just sold in my neighbourhood. Not surprised they sold within 2-3 days, popular place to be apparently and not a lot of houses come up for sale here. I believe both sold for 950k.
Lucky sellers, it's cooling off quickly here, pocket dependent, but overall the GTA is slowing down faster than seasonal.
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#10583669 - 06/04/24 04:03 PM
Re: dat real estate v.2021
[Re: Risky Business]
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SuPeR-MaRiO
Post Master Sr
Registered: 06/28/01
Posts: 6144
Loc: Toronto, Ontario
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Looks like she deleted her IG and only a day ago posted about hate in her DMs
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#10583894 - 06/05/24 08:47 AM
Re: dat real estate v.2021
[Re: SuPeR-MaRiO]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44961
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Probably suspended by RECO, dumbass agent. They will make an example out of her, brokerage dropped her.
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#10589241 - 06/18/24 06:05 AM
Re: dat real estate v.2021
[Re: Risky Business]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9492
Loc: Toronto, ON
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Interesting piece…” Sally Thompson, the author of Condo Questions and Answers: What you can do about the 40+ most common–and unexpected–condo problems, is a civil engineer”
https://www.theglobeandmail.com/real-est...ondo-ownership/
Edited by furball (06/18/24 06:07 AM)
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#10589682 - Yesterday at 09:38 AM
Re: dat real estate v.2021
[Re: Hatorade]
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Risky Business
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Thanks for the article, I ordered the book and will read it. Reached out to author to see if she will do a long form interview for my YT channel.
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#10589721 - Yesterday at 10:54 AM
Re: dat real estate v.2021
[Re: Big Tasty]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44961
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People are completely unaware of the risks with condos, she touches on new builds vs old builds from an engineering perspective like what the differences are in parking garages based on changes in construction code, where the risks are based on age of building. She talks about how maintenance fees are severely understated with new builds and then people get shocked when they go up 50%+ in the first 3 years post occupancy (this is well known in industry), etc.
Pretty interesting and she is an engineer so for me I've always wanted to know that perspective. I've also thought about starting a company that provides condo grading for clients. Let's say you want to buy in a certain building, as part of your DD you can pay for a 'grading' so you know how the building in its current form stacks up to the competition as its all relative. Pretty certain people will pay for it, just a matter of finding the time/partner to pull all the data/framework around it.
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#10589773 - Yesterday at 12:02 PM
Re: dat real estate v.2021
[Re: Big Tasty]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44961
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Things are much much worse now, but it's all hush hush. If you are public about any condo downtown the condo boards will send you a cease and desist letter from their law firm within 48 hours.
When it comes to condos you better be working with someone who knows these in and out.
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