best to stay out of this market as it’s a mania right now and it is very dangerous to get caught up in these kinds of manias.
I saw a listing on Thursday, called the Realtor, he told me I needed to put in an offer for 15% over asking by Saturday and I can see the house from the outside only. WTF? Are these people crazy?
So, this house was sold on Saturday for 100% full cash at 20% over asking by someone who did not even care to see the inside…per the Realtor. Oh, and there were 45 bids on the property and it was priced at $250 sqft in La Habra, CA.
