Quote:
Originally Posted by Stu from NYC
You just convinced me we are in a bubble for sure.
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And we listed the Maryland property a bit above what the brokers recommended. We had 12 solid offers all over our asking price within a week or two. The brokers recommended we get a second round of bids. We received six, all well above asking price. It was a clean, easy deal, too.
My barber of 30 years back in Southern California with whom I remain in touch told me his grandson just got a house under contract as a buyer in Carlsbad, CA. 18 offers in two days. Four were cash buyers including him. His was not the highest offer but near the highest. He had no contingencies or inspection conditions so the sellers accepted his offer. It is just ridiculous now.