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Article #43Re: Ottawa housing market - facts and fiction
From: David Ha
Date: Mon, 12 Mar 2001 16:20
Date: Mon, 12 Mar 2001 16:20
32 lines
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2084 bytes
cx172@FreeNet.Carleton.CA (Elat Lerner) writes: > Here is the fiction part: > > > Today's Citizen is at it again > > (http://www.ottawacitizen.com/business/010220/5088694.html): > > > > This couple bought a home in 96 for $154,000 and sold it last > > October for $319,000. > > > > Six buyers were bidding for the house. > > > > According to the Citizen this scenario is the norm in Ottawa. > > > > Droves of buyers are tearing their hair out, it says. > > > > Buyers are pitted against buyers in a battle where finding > > the ideal home takes a backseat to finding any home. > > <snip...> If I remember correctly, the couple puts in about $70k of renovation as the house was totally run-down. It is still a nice profit though. regards, /David. -- +--------------------------------------------+ | The above opinion is mine and mine only. | | To reply, replace NoSpam with davidha | +--------------------------------------------+
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 104d3a,557d7ca18cb347ba X-Google-Attributes: gid104d3a,public X-Google-Thread: 111a4f,557d7ca18cb347ba X-Google-Attributes: gid111a4f,public X-Google-Thread: f71c6,557d7ca18cb347ba X-Google-Attributes: gidf71c6,public X-Google-ArrivalTime: 2001-03-12 08:30:06 PST Path: arc1-ca.pugleaf.net!supernews.google.com!sn-xit-03!supernews.com!news-out.usenetserver.com!news-out-sjo.usenetserver.com!news3.bellglobal.com!torn!qcarhaaa.nortelnetworks.com!bcarh189.ca.nortel.com!bmerhc5e.ca.nortel.com!not-for-mail From: David Ha <NoSpam@nortelnetworks.com> Newsgroups: ott.housing,can.construction,ott.general Subject: Re: Ottawa housing market - facts and fiction Date: 12 Mar 2001 11:20:55 -0500 Organization: Nortel Networks Lines: 32 Message-ID: <b5glmqbm00o.fsf@nortelnetworks.com> References: <941v6f$9g5$1@freenet9.carleton.ca> <987vbs$n89$1@freenet9.carleton.ca> <9880le$otp$1@freenet9.carleton.ca> <98d2fo$j69$1@freenet9.carleton.ca> NNTP-Posting-Host: wmerh1kv.ca.nortel.com X-Newsreader: Gnus v5.5/XEmacs 20.4 - "Emerald"