Market comments

After a spike in the inventory of homes for sale downtown, things have leveled off and 35 now seems to be the constant number of homes for sale. just about every day, one home sells and one home gets listed.

Prices are "outrageous" with the lowest priced homes being 1 bathroom house for 210-230,000.

Still homes with garages are being snapped up fast, as well as those with updated dual pane windows, upgraded electric plumbing roofs etc.

Still too many corporate contractor rehabbers think that a new coat of paint and new floorings is more important than new windows, insulation, plumbing and electric upgrades.

I call their level of remodelling "putting lipstick on a pig".