Karly’s Blog, Karly Moore, Sales Representative, Re/Max Realty Specialists Some bidding wars are reasonable, where you’re competing against 1 or 2 other buyers. But then there are the insane kind of bidding war. Where 72 buyers show up, all wanting the same house! Here are my top 10 tips that can help you in […]
bidding war in tornoto
North Toronto ‘Fixer Upper’ got 72 Offers, Sold for 195 per cent of Asking
As bidding wars go, it was the ultimate battle and a warning for frantic buyers bracing for spring market: A five-bedroom detached house in the Yonge and Lawrence area has sold for almost double its $699,000 list price, with 72 offers. “We expected in the $1.1 million range, but the market pushed it,” said […]
Shortage of New Listings Fuelling Desperation among Toronto Home Buyers
House sales were up just 2.1 per cent in February, year over year, but prices jumped 8.6 per cent as buyers battled bitter weather and a shortage of new listings in what even many realtors are concerned is a worrisome new level of desperation to buy a house in Toronto. The average sale price […]
