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So I went to Calgary last weekend to visit my best friend, was looking for a house to buy as I have mentioned on here I have been considering moving there. Gave the realtor a list of 10 active listings on Friday morning, by Friday night he said only 3 were still available and by Saturday morning actually looking at them in person, only 2/3 were not yet sold. All 3 sold by Sunday.
Guess who was all there looking at them with me? Half of frickin Richmond lolol... all China peeps from Van and Tdot. Every listing was selling for a minimum of $25,000 up to $50,000 over asking price. 18 offers on one place I went to. And I'm not joking, it was just group after group of China people I couldn't even get in the door at one place.
It's insanity over there, the locals are pissed and the agents are rolling in $$$ like never before. Version 3.0 after Toronto and Vancouver I guess.
Basically if I do want a place there, I have to let the agent know the second a place I like comes available and he has to drive straight over there, do a facetime with me and then make an offer with no subjects and no inspection.
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