Thread: Housing market
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Old Posted Sep 24, 2008, 1:24 PM
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BrianE BrianE is offline
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Join Date: Dec 2007
Location: Hamilton
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Quote:
Originally Posted by Berklon View Post
I've been looking to buy for a while and it's definitely a buyers market now.
Houses are on the market a lot longer than before and I've seen many have a few price drops and still sit unsold.

I'm looking for something preferably in the South-east part of the lower city. Unfortunately prices haven't dropped as much as they should - most homes are still overpriced - even if they're going unsold for months. Luckily I won't have much of a mortgage, so the rates won't make that much of a difference to met.
Good choice of location, I've been in this area for over 2 years now and have really enjoyed it. My neighbor just put their house on the market on Monday. 3 bed 1 bath, no driveway but nicely landscaped. $159 900. Just to give you an idea of how much a slightly smaller than average house on a decent street will cost you.
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