Appraisals have nothing to do with a houses value, just what it should sell for at the . Did you know the appraiser knows the sale price before seeing the property?

I had one that made a 210SF error and gave up 10K for the error.

You were desperate.

Are you always miserable or just on CP?

How many houses has he or you bought? multiply by X 5 and you're not even warm of how many I have built.

This paying over list is total bullshit in any market I have lived in,

In a popular vacation area in Ca. (Serrira Nevada Mountains) we have "bid" sales where you slipped $5K and your bid in a box but that's still not paying over asking price.

Ok.

He gone. Guy has to have the record for the most thread bannings in CP history.

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Sorry, late replying to this.
Located in Cedar Falls Iowa.

Thanks for the response. I was just curious. We sold ours a little over a year ago. It definitely was not as easy as your story and some others I've heard about. Must depend a lot on the location. I don't know if that's just my city or the neighborhood within.

homes here are selling like crazy. many fast and over asking

cheap money


like this one. It is in great shape but not worth 369k. On the market for 7 days and already contingent.

https://www.themlsonline.com/minneso...-Hope-MN-55427

Mine is 5 years old. I could sell it in 4 days for at least 75k more than I paid for it. I have put 0 investment in it.

Need rain man to chime in

ROFL

Yeah, sadly the exodus from cali is going to hurt all the surrounding states. As a large portion of those people will take their insane policy thoughts with them and drive up costs.

As for houses, it is insane. Houses are selling In my neighborhood for almost 100k more than what I bought. My house I grew up in in the 90s were 90k, dropped to 40ks because of all the other hud homes taken over. Now the neighborhood hoods is around 200k for 3bed one or two bath homes around 1200sf.

I have read that they are trying to drop the canadian lumber tariff.

That will help, but no builders want to build starter homes either unless you find these tiny home builders.

It would be frigging insane to be trying to buy a house right now. Buyers are offering well above asking price and waiving the inspection just to get an offer accepted. Can you imagine doing that?

Does anyone else get home value updates from Zillow? Zillow is loving my house right now. It just shot up almost 15 percent.

These home value estimates are all over the board so I don't put too much stock into them. Redfin is 25 percent lower than Zillow on my house, for example. But I think the Zillow estimate is much closer based on what I see in the neighborhood, and I'm tempted to sell it and go live on a yacht in Bali.

Yeah, houses have been selling over the asking price in Denver for years. I guess supply just can't catch up with demand, and low interest rates are ramping demand up even higher.

I did a housing study for a city here in Colorado a while back, and we started tracing back what was causing the big increases. To our surprise, we're still feeling impacts from the Great Recession. Construction shut down for a while and population growth didn't. For states with positive in-migrant flows from other areas, it's created a wave of home demand (buying and renting) that keeps getting bigger, and losing basically two years of construction in the 2009/2010 time frame was a big deal that's still reverberating through the market today.