awful knawful Posted March 19, 2018 Share Posted March 19, 2018 2 hours ago, steve from amherst said: Yeah they are. My average customer $850,000 house $60,000 car $800 smartphone $40 left from paycheck after covering the nut. When buying a house all my dad said was "dont' be house poor!". Quote Link to comment Share on other sites More sharing options...
favoritos Posted March 22, 2018 Share Posted March 22, 2018 Looked at a nice duplex this week. Pricing was reasonable so I expected multiple offers. Told the realtor that I expected it to go at least 10% over list. There were a lot of buyers looking. It was on the market for two days and received over 25 written offers. No idea what price they accepted yet, but I probably underestimated. The market here is headed for trouble if this keeps going. Talking with realtor that has 12 clients shopping now. Most had jumped for joy when they sold at a good margin. Not too many smiles left after trying to buy back into the market. They are really going to go crazy if the market keeps climbing. Realtor stated that a lot of those clients are living with relatives because they don't want to get locked into a rental lease. There are some real emotional idiots in the market right now. I can't imagine how they think it is possible to take a huge gain and turn it into a discount purchase on the next home. Quote Link to comment Share on other sites More sharing options...
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