@sm_cmc
Sanj Mand
2 years
Detached for under $1M in Brampton was unheard of a few weeks ago. $430K below asking.
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@BlahDra12
Blah Blah Blah
2 years
@sm_cmc How to create a false narrative on social media: find an outlier, tweet it and make it seem like it's the norm. Well sir...for every one of these types of examples, I can find dozens that sold at or above asking and for over $1.1M in same neighborhood
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@sm_cmc
Sanj Mand
2 years
@BlahDra12 The thing is, these didnโ€™t exist at all a few months ago. That in and of itself is indicative of a shift
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@GurpalMandla
Gurpal Mandla
2 years
@sm_cmc This is perfect example of market shift this kind of home in Pre pandemic 2019 used to be under 750K, and 2020 it went to 850k end of 2021 homes like this was selling 1.5M , and in mid 2022 it is 970K in end of 2023 will be back to 750K what do you think ๐Ÿค”
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@sm_cmc
Sanj Mand
2 years
@GurpalMandla I agree with you
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@Beachdudeca
Joseph Angelo
2 years
@sm_cmc Itโ€™s no different then the pricing of $UPST $U or any of the Absurd valuations we saw last year with stocks
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@AllStreetsWolf
All Streets Wolf ๐Ÿ“ˆ
2 years
@sm_cmc @TMTteammoney The thing is... Why would anyone want to live in Brampton in the first place? Under asking is still overpriced ๐Ÿฅด
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@Ralston727
Ral
2 years
@sm_cmc Still more to fall A home like that should sell for $750k tops
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@EarthPassenger0
John Connor
2 years
@sm_cmc Weโ€™re getting into territory where the price drop makes the cookie-cutter starter home look like a good deal at $1000000.
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@ZenJayCfa
*Zen Jay, Post QE World, CFA,FRM๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿšข ๐Ÿ
2 years
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@ZenJayCfa
*Zen Jay, Post QE World, CFA,FRM๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿšข ๐Ÿ
2 years
@sm_cmc Finally the correction is here?
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@matdech
Marcus Barcus
2 years
@sm_cmc now letโ€™s get to a 5/6/7 handle and things are iโ€™ll be better
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@MrCharles1974
Mr Charles
2 years
@sm_cmc 3 years from now will go for $430K if they are lucky
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@Amangrewal1000
AmanGrewal100
2 years
@sm_cmc Unfortunately will be going lower.
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@drewinning
Drizzy ๐Ÿ“š
2 years
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@livingsimlpy
life#good
2 years
@sm_cmc Letโ€™s go more and more, the market will coming buyer market soon, I forget all ppl who canโ€™t buy they already bought, now the prices need to go down to meet others buyers with less income
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@NotSoRandomQ
NotSoRandom
2 years
@sm_cmc I am pretty sure it's still overpriced
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@FinancialMeh
Meh Financial
2 years
@sm_cmc The buyers will think they got a screaming deal, for a couple more months.
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@nickiozzo
Nick Iozzo
2 years
@sm_cmc Doubt the salesperson posts a โ€œSold Under Askingโ€ addendum to the lawn sign.
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@VXO150
KEERAT
2 years
@sm_cmc Time to do bhangra
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