I don’t think I see sky high expectations around really. Most houses seem to sell within 5% of listing from the ones I see around…sell within 30 days IMO.
That said, with such a small supply, if this is for your 1st primary to live in, just finding a place to live in that you like at this point in your and your family’s life is probably priceless.
I know that was the best thing for us. No more noisy ghetto neighbors. No more rent increases, having to move…
Yes, you don’t want to overpay, like it was mentioned, if you are just paying a mortgage the same amount and living your life, I don’t think you’d think too much about that small amount more or less you over/underpaid.
Just find something which pencils out financially and not have to worry about renting/moving/all the time seems like the easier path…All IMO of course since I hate moving…With kids, it’s even worst.
With tax breaks for higher income folks, it may pencil out better than rent since rent is insanely expensive nowadays, unlike before…
I hear families are renting in Silicon Valley now for like 4-5k/month to “Share” a house with another family.
