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re: Current Housing Prices

Posted on 3/12/22 at 9:43 am to
Posted by AUCom96
Alabama
Member since May 2020
5106 posts
Posted on 3/12/22 at 9:43 am to
It sucks. Houses seem to routinely go for 10-15% higher than list with 15-20 offers almost every time around here. Saw a completely junked house with no flooring, water damage everywhere and damaged walls go 15k over ask. It's a panic-buying market and it's going to be ugly when interest rates finally budge.
Posted by GatorPA84
PNW
Member since Sep 2016
4878 posts
Posted on 3/12/22 at 10:05 am to
I just don’t know why anyone would sell their home right now when they would have to turn around and buy at the same ridiculous price.

Also can someone answer this…how are people affording these crazy prices when most people are not making that much more to keep up with costs?
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