Wow…..begging for a low-ball offer.
I guess you can’t blame them for being desperate. 150 km to the north, Edmonton houses have been bleeding over $2000 a month since mid 2007. They’re now almost $90,000 below their peak.
150 km to the south lies Calgary, where prices have fallen $25,000 in the past few months.
Expect to see more of this as homes get harder and harder to move.