Insane indeed in the PUSD. On my street, there were 2 houses for sale (1 in around 3,100 sqf & the other in the 1,600 sqf). They both went pending 1 day after having open houses. The asking prices (I thought) were insane. That doesn’t mean anything to young buyers who are fed up w/ the current market. I would not want to be a buyer in today’s RE market. Happy to have purchased a bit over 2 years ago.
NOTE: I’m in the refi process right now, and I should close this week. I’m telling you that I was shocked that my appraisal was about 45K higher than aticipated. Having the houses on my street for sale this month may soon set a new reality for priceses in this area…….crazy times are back again & low rates make it possible.
