House is swarmed after being listed in Raleigh for under $300k

[Goat poster]

and this is in the (relatively) Small town SOUTH!

Thats the biggest thing i took from this vid...it aint just the big cities no more.

 

[OfTheCross]

4509 Lafferty Ct, Raleigh, NC 27616 | MLS #2432632 | Zillow

This is the home. Looks like its under contract. Curious how much it actually went for.

if it's on Zillow we'll know in 6 to 8 weeks

 

[CrushedGroove]

My home is worth twice what I bought it for. Sounds like a great time to sell but then I'd have to spend what I sold it for on a house that's probably not as nice as mine.

Catch 22

 

[⠀X ⠀]

I’m finna list my neighbors house on Zillow for 400k and watch the fvckery ensue

 

[Goat poster]

I call this a hot market not a housing crisis

Its a "hot market" because many people are fleeing more expensive areas up north or out west.

which then raises the prices in places like this...

everything is affected

 

[⠀X ⠀]

My home is worth twice what I bought it for. Sounds like a great time to sell but then I'd have to spend what I sold it for on a house that's probably not as nice as mine.

Catch 22

that’s why people say that a house isn’t really an investment. I mean you can pull equity out, but If you sell it, you still gotta pay for another place to live.

 

[boskey]

you could probably do something with this

Post your house for sale and then do like apartments in New York and make everyone who wants to buy pay a 200 dollar "application fee" or "waitlist fee" or some bullshyt. Then eat and continue living in the crib

 

[BeeCityRoller]

4509 Lafferty Ct, Raleigh, NC 27616 | MLS #2432632 | Zillow

No garage or fenced backyard

 

[Goat poster]

Post your house for sale and then do like apartments in New York and make everyone who wants to buy pay a 200 dollar "application fee" or "waitlist fee" or some bullshyt. Then eat and continue living in the crib

didn't even know about this hustle jeez

 

[CrushedGroove]

I’m finna list my neighbors house on Zillow for 400k and watch the fvckery ensue

Boi you ain't shyt

 

[cyndaquil]

Once supply chain issues cease the country needs to go into super build mode and start building houses everywhere
This demand is too much

 

[Responsible Allen Iverson]

and this is in the (relatively) Small town SOUTH!

Thats the biggest thing i took from this vid...it aint just the big cities no more.

Raleigh (and Charlotte) have been two of the hottest housing markets in the country for years

 

[Prince.Skeletor]

raleigh

 

[GodinDaFlesh]

Damn, glad my parents bought in the 90s

 

[Knowledge]

I bought my house early last year, I just beat this craziness that's going on today

Funny thing is, I wanted to wait until I saved up a little more money for the down payment/closing cost and I'm thankful I didn't. If you have the opportunity and means, pull the damn trigger, especially now.

Same breh, i bought a 5700sqft house on 2 acres last year for $340k. I wonder how much my house would go for today.