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re: Housing market is stupid right now - brief rant *Update in OP*
Posted on 5/4/22 at 9:00 am to LSUTigahss
Posted on 5/4/22 at 9:00 am to LSUTigahss
Yeah that sucks. I purchased January last year... Had already seen the crazy began. Found the place I liked bid 10 percent over asking. Appraisal came 10 percent under list price they still accepted and I came out on top. Had it been April that wouldn't have happened. Cash buyer would have come in and bought it at 20 percent over as is sight unseen.
Posted on 5/4/22 at 9:06 am to Abstract Queso Dip
I just bought a house in the Twin Cities in March and had my very first offer accepted at 5% over. House is in great shape for its age and inspected well. I spent about a month being scared that the market is going to lose its arse but I think I’ll actually be okay because prices here in the Midwest are definitely up but nothing like what’s happening in the South and on the coasts. Given all that’s going on I just couldn’t believe how relatively easy the process was in a top 20 most populated metro area of the US.
Are people moving to Louisiana to get more affordable housing? I just can’t believe some of the prices I’ve seen down there as someone who used to live down there before the great housing rush.
Are people moving to Louisiana to get more affordable housing? I just can’t believe some of the prices I’ve seen down there as someone who used to live down there before the great housing rush.
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