For Sale. $241 Million, 18,000 Square Feet

[Dean Hoffman]

This place in London might be livable.

Text only.

[Ed Pawlowski]

Yeah, it nice but I'd have to repaint the bedroom. Don't like the color. I want something move in condition.

[hubops]

If you were to ask me pre-pandemic - what sectors would see a dramatic boom - real estate would not have made my list. Is it like this in other places ? In southern Ontario and in many other places in Canada - the real estate boom is .. well .. booming ! Bidding wars .. Who'da thunk it. Low mortgage rates - for sure - but but .. .. very precarious employment ; .. over-spent governments at all levels ; ... global unrest ; etc . I'd be a little leery of signing onto a huge mortgage under these conditions - I guess the young'uns still feel secure for some strange reason ? .. or it's foreign big money ? speculators ? Dunno. John T.

[Dean Hoffman]

The closet city to me is Lincoln, NE. Housing prices are up 13% from last year. Houses sell in 5 days on average compared to 21 last year. Median price is $235 thousand.

[Ed Pawlowski]

The house I sold 2 1/2 years ago is valued at 25k more than what I sold it for. The house I bought to replace it is now 30k more so I guess I made 5k.

The house next door to me sold in two days and the new owners won't be here until October.

[hubops]

I'm not talking $ 20 - 30 k.

John T.

[trader_4]

I agree. Market is booming in NJ/NYC area too, outside NYC itself. I would never have predicted it. It's so hot I'm thinking of getting the hell out of here myself.

[Dean Hoffman]

The TV announcer said something about people wanting to get out of big urban areas. The area they showed is way too crowded. I noticed, too, that the realtor doesn't look a bit like the ones on the Flipping Vegas show.