The real estate market is crazy right now

So we have been looking to buy a vacation cabin or house on a couple acres for a few years now. We narrowed it down to the Western NC area and were finally ready to pull the trigger on something this past year.

What in the holy hell are people smoking? Is it just Western NC that is completely bat shit insane or is it everywhere? I know our house in FL has appreciated some absurd amount (at least on paper).

I mean any old house that's sub $300k with a couple acres is gone within days. Who's buying all these properties and where are the people who were living in them going? When do you realestate guys think it's going to stop?

Seems we drove out here for nothing other than to freeze our asses off because literally every property we wanted to see was sold by the time we got here and got showings scheduled. I think we are done for now. I remember getting fucked with my condo back during the 2008 crash when it became worthless practically overnight. Don't want to repeat that mistake again.

Comments

  • Considering how the real estate market in our country is jumping now, even not the best options are being bought up very quickly, since there is a possibility that its price will increase due to a variety of circumstances. House prices have dropped quite a lot due to coronavirus restrictions, which is probably why the circumstances have developed that you may simply not have time to find a good house, since they are sold out quite quickly. We were able to sell our house with https://www.flagshipbuilders.net/ literally in a few days.
  • Selling your property can be more complicated than it may seem at first glance. If you are planning to sell your home privately in Ontario, check out these tips https://homeflippers.ca/complete-guide-on-how-to-sell-your-house-privately-in-ontario/
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