As some of you probably recall I've been happily unemployed for a few months now. I was offered and accepted a job near my hometown in Saskatchewan that I am looking forward to starting at in September.
Here's the crazy part. I purchased my current home in Alberta for $244,000.00 about a year ago which to me was a crazy amount of money to spend on a house at the time. When I moved in the basement was 90% done. Since I've been unemployed I finished it off (doors, baseboards, tile in the bathroom etc....). I figure I spent about $3000.00 total.
I listed the house today for $389,000.00. I had three offers at 5PM all over list price. I declined them all and told them to re-offer. It sold about 2 hours ago for $405,000.00. I feel like I won the lottery
This economy is absolutely nuts!! Fast food restaraunts are closing at 6:00 PM because they can't hire enough workers and their paying $15.00/hr! I am glad to get out of here, if the price of oil tanks or interest rates go up a couple of percent these people who are mortgaged to the hilt are going to be in serious trouble. It will be ugly.
So now the big question for me, Corvette or boat??? Opinions welcome, may even warrant a survey.