Like many Calgarians, Joss Engen was looking for a bigger house for his growing family and finding few options within their budget.
They started looking in the $350,000 to $400,000 range. That was four years ago.
They did put in offers on four homes, he said, only to find they’d been outbid by people bringing all-cash offers, waiving conditions or offering as much as $50,000 over the asking price.
“It’s kind of a dog-eat-dog world,” he said.
After years of looking and saving, they were able increase their budget to the $450,000 to $500,000 range, and started to find more options that met their needs.
