I wrote a post on one of my other blogs about a week ago about the number of houses close to us that have gone up for sale lately. They’re selling like hotcakes it seems!
I’m pretty sure that there was a news story a few days ago where some real estate companies were saying that house sales were slower than normal this past spring and so far this summer here in Toronto, but the way houses are going up for sale and being sold within a week or two I don’t think there’s a problem in this particular neighborhood.
I’m glad our housing market is doing so well. I keep hearing about people losing their homes in the US or requesting foreclosure help. I think it’s particularly bad in California if I’m not mistaken. I hope it doesn’t get that way here in Canada. Our economy has been doing better than the US economy since 2001. It’s starting to have some trouble, but as I said hopefully things don’t get that bad here.
One neighbor just a few houses down sold her house in just under two weeks and to the best of my knowledge it went for about $350,000. Her house is pretty much the same as ours so I guess if we put ours up for sale we’d get somewhere around that price too. Good to know but we aren’t planning on selling anytime soon.
I just hope that all of our new neighbors are nice people. We have a great neighborhood and we are all fairly friendly – at least to say hi or wave at each other when we see one an other if not actually visiting each others homes.