Property Market is going WILD

[Matt504]

 

[Won Won]

A house down the street from me was up for sale in 2019 for $519K and had little interest. Now it’s up for $699K and has more people looking.

A 1200 sq. ft. home around the corner was put up for $549K and sold last month for over $700K. Small back yard, no garage. shyt’s wacky

 

[Prince.Skeletor]

hol up i just went thru the article. who are these many people with so much cash on hand to buy homes. shyt like that always blows my mind. guess i really aint about my money

they sell their house & live with family for a while

 

[Bboystyle]

Who ever bought that house for 460,000 will get foreclosed on in a few years

U cant get foreclosed on if they paid in full

 

[Anno Domini]

Me & Wifey just won a bid on a house on Long Island for 425..asking price was 390 ..Gotta do what you gotta do..Don’t think it’s going get better any time soon..We thought after the appraisal maybe the house wouldn’t be 425 but nope 425 it is(if not more)

You made the right move breh. You may have overpaid now, but your home will easily be worth double that in a decade.

 

[hashmander]

Me & Wifey just won a bid on a house on Long Island for 425..asking price was 390 ..Gotta do what you gotta do..Don’t think it’s going get better any time soon..We thought after the appraisal maybe the house wouldn’t be 425 but nope 425 it is(if not more)

you all did good. congrats.

 

[FAH1223]

Officially closed on the house today

No more renting

 

[Godless Socialist CEO]

I don’t know if I’ll ever get a home without putting myself in extreme debt. Feels bad man

 

[No1]

Officially closed on the house today

No more renting

What part of the country? Maryland?

 

[FAH1223]

What part of the country? Maryland?

Yup in MD

PG

 

[FAH1223]

 

[Rekkapryde]

I don’t know if I’ll ever get a home without putting myself in extreme debt. Feels bad man

FHA breh.

mortgage > rent since you can write off the interest and get equity.


An investment broker offered me 215k for my first house in McDonough at the beginning of June last month. Checked with Zillow Offers and they offered me 257k. I tell the first broker, I'm going with Zillow and they hit me back saying we'll give you 270k.


Closing next week

 

[Godless Socialist CEO]

FHA breh.

mortgage > rent since you can write off the interest and get equity.


An investment broker offered me 215k for my first house in McDonough at the beginning of March. Checked with Zillow Offers and they offered me 257k. I tell the first broker, I'm going with Zillow and they hit me back saying we'll give you 270k.


Closing next week

Congrats man that’s beautiful

 

[acri1]

I've been flirting with the idea of buying a house or condo (this would be my first time). On three separate occasions the place got sold before I even had a chance to go look at it

I'm a first time homebuyer so I'm not trying to rush and make a decision, but it seems like anything in my price range is gone within like a week.


Might have to keep renting for a while more

 

[greenvale]

I've been flirting with the idea of buying a house or condo (this would be my first time). On three separate occasions the place got sold before I even had a chance to go look at it

I'm a first time homebuyer so I'm not trying to rush and make a decision, but it seems like anything in my price range is gone within like a week.


Might have to keep renting for a while more

My lease ends in a year and I feel like imma be in the same boat. There’s no inventory but a bunch of buyers where I’m looking