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re: Current Housing Prices

Posted on 3/12/22 at 8:39 am to
Posted by pjab
Member since Mar 2016
5654 posts
Posted on 3/12/22 at 8:39 am to
I’ve made offers on house significantly over list every weekend for the last 5 weeks and only get beat by cash offers $100k+ higher than my offer. I’ve stopped looking at every one and just submit “competitive” offers.
Posted by PotatoChip
Member since May 2014
3668 posts
Posted on 3/12/22 at 8:46 am to
Building is worse. The materials price haas gone up multiple times over the last few months. Just pouring concrete has skyrocketed. Yesterday, Coburns told me that stainless steel is about to go up ~60%(hard to believe) and that anything with nickel is about to shoot up as the raw material has tripled this month. Buying a house is a way better option right now if you can find something you like.
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