Quote:
Originally Posted by bird72
House across the street listed yesterday. There was a non stop stream of people from 8am to 7pm. Some realtors came alone giving phone video tours. 1500sq ft on city lot. 1925 house. Nice, but what I used to call blue collar (yes I live in one). It was a circus and a frenzy all day. Sold as of listing this morning. 340K list. I am hearing 50K over list is common now, up to even 100 I heard in one instance. It is literally an auction. In my life never seen anything like it. In a way I was sad seeing young mothers with babies in arms. There were a few. This is Kalispell MT btw.
|
The only ones benefitting are- 1 realtors commissions ( and they are not really even needed with the market so hot ).
and of course- the government as it all equates to more property taxes.
I've been done with real estate for many years and so glad for that. Own 2 acreages, both paid off and super low taxes.