One of my neighbors just died and her kids put her house on the market foe $1.1M. This house is a giant piece of shite. 3bed 4 bath and hasn’t been renovated in probably 40 years. It had three offers and two pending in the first three days. My realtor told me a builder paid over asking and is going to tear it down.

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Posted by KCkid

Kansas City, Mo.

Member since Oct 2015

135 posts

Posted on 4/30/21 at 7:12 am to MSTiger33

I am a Super for a decent sized builder in the midwest. (400-500 Homes). I can not believe the number of 20 somethings buying their first home in the 400.000.00 dollar range. Starting to feel the pinch regarding building materials. I have a few homes standing with no siding, and no idea when the next shipment is coming in. The most recent shortage for us.(Concrete form wall ties). Impossible to find. We went to a machine shop and figured out a way to build our own. We now have 8 trailer loads on order but still a ways out for delivery. Having to start thinking outside of the box on a lot of things.

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Posted by greygoose

Member since Aug 2013

11478 posts

Posted on 4/30/21 at 9:39 am to MSTiger33

quote:
One of my neighbors just died and her kids put her house on the market foe $1.1M. This house is a giant piece of shite. 3bed 4 bath and hasn’t been renovated in probably 40 years. It had three offers and two pending in the first three days. My realtor told me a builder paid over asking and is going to tear it down.

I just watched a perfectly decent house being torn down. Sold for $530K last year. Sits on a 1/2 acre lot on a small lake, with maybe, 1 or 2 houses valued at over $1 million. Insane.

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