🏡 Better Homes OFFICIAL real estate bs discussion
- Thread starter OffshoreDrilling
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It will be a year in September. Our inside isnt even done.
It most likely never will be. It will forever be "ongoing".
peeps behind me just got their grass last week
they moved in middle of march.
they signed their contract, feb 2021.
and it's not a custom hood.
peeps behind me just got their grass last week
they moved in middle of march.
they signed their contract, feb 2021.
and it's not a custom hood.
looks sweet though
Go grab some of that soil to level out your 1"x12' strip of grass beyond the pool!
Since I've painted my living room, the Redfin estimated value on my home has gone up almost $20,000. If anyone needs my painting help to increase their home value, let me know 
For anyone thinking the market is slowing, I'm having a "Spring 2021" like run right now. I had a listing that had non-stop showings, 11 offers over ask all giving the terms I wanted (which were absurd terms mind you) and agents trying to get in offers after the fact. Sure some agents are still over-pricing hot garbage, and those are the ones you see not selling or price drops.
Fair, but that is a much smaller buyer pool. Your average mid 300's house, if it's move in ready, it's like your giving away a free car
not always. some have new jobs starting at a date and having trouble finding a house in their range in that area.
That's one scenario, you cant tell me the 11 people entering into a bidding war on one house right now are all relocating for a job.
My RE agent friends are saying the same thing, people freaked out for a little while this spring (albeit houses still sold for asking or above within a week), but now it's back to crazy. Any offer that's not above asking basically gets rejected immediately.
Some just need a place to live and aren't worried about market fluctuations. The banks aren't giving away money like they were in 2008. I have an excellent credit score and bought a house that was well under my pre-approval amount, but felt like I had to really jump through hoops to prove my credit worthiness.
The people buying houses at prices above appraisal value are having to cover the difference with cash or are buying 100% in cash.
The people buying houses at prices above appraisal value are having to cover the difference with cash or are buying 100% in cash.
Unlike you, most people can see that there's a rather obvious overall shortage of houses. That, plus having their rent go up every year or two, probably has them not wanting to wait. Mortgages don't go up.
The most likely outcome from waiting is that you waste tens of thousands on rent just to still spend stupid money on a house when you finally decide to buy. That's been true for 13 years straight and is still true to this day, even with interest rates high and the economy contracting.
You're waiting for something that either won't happen, or will not be anywhere near as significant as you hope.
Perfect example is Cali real estate. People been waiting 20 years for those home prices to come down, and they just keep going up, up and away
Lol, this has nothing to do with me.
Check back in a year and tell me if home prices in FL have dropped enough to offset what you've spent on rent.
"Move in ready" are the key words. Homes that don't need work and are decorated well are still quick sellers. Location, as always, makes a difference, too. Down here, water frontage is a big selling point. Buyers seem to love the water whether it's salt, fresh or even a small lake.
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