Thread: Housing market
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Old Posted Aug 11, 2008, 4:46 PM
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BrianE BrianE is offline
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Join Date: Dec 2007
Location: Hamilton
Posts: 352
St. Clair and Blakely are still selling well. Especially the smaller houses under $200g A house on Cumberland around the corner sold in 3 weeks, two others on my street sold earlier in the sping in just over a month. There's a sweet house on Blake St on for $419g I think this property is a good barometer for the strength of the market. Keep an eye on this one.

The bad times are starting to hit the upper end of the market first however. I drive by 3 houses in Ancaster everyday, 2 on Rousseux and one on Golf Links Rd. They have all been on the market since February - March. One of them is a flip job and could not have been done at a worse time. They don't seem to want to reduce their price, maybe they can't, otherwise they will take a loss on the house.

Oh! BTW, MLS.ca has a new site www.realtor.ca every property is now shown on a map. Very useful tool, fast and well done.
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