(no subject)
Jun. 8th, 2017 11:08 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Real estate is reaching that frenzy where reasonable people have started hallucinating. A double wide trailer down the street - no land at all - is going for $225k.
Another house fairly close by with very nearly the same specs as ours - including land - is going for 1.2 million dollars (this sounds better if you say it like Dr. Evil.)
I am keeping an eye on both of them just for curiosity's sake.
Surprisingly not a whole lot of people in our neighborhood are selling. Mostly because, like us, where would we go?
Another house fairly close by with very nearly the same specs as ours - including land - is going for 1.2 million dollars (this sounds better if you say it like Dr. Evil.)
I am keeping an eye on both of them just for curiosity's sake.
Surprisingly not a whole lot of people in our neighborhood are selling. Mostly because, like us, where would we go?
no subject
Date: 2017-06-09 02:54 pm (UTC)At least you're sitting well for now. I have another DW friend from Washington who has been renting and wants to buy and it is IMPOSSIBLE.
no subject
Date: 2017-06-09 03:42 pm (UTC)Now, people are making offers waiving inspections, contingencies, and making at least 10% over asking price just to be considered. Unless you have a ton of cash you aren't getting anything. It's ridiculous. We have a friend who can't make rent anymore. He makes $70k a year and can't afford rent! So he's moving to Texas when his lease is up.
I want to put up like a dozen tiny houses in the back and rent them out. Not gonna happen, but it's so tempting.
no subject
Date: 2017-06-09 07:34 pm (UTC)And yeah. Hold on to what you've got if the market's that bonkers.