Sigarms
Super Member
Last year I couldn't believe someone paid 200k for a 70's built 1,200 square foot "pretty plain jane" little white home with 9 acres and a couple of detached garages for 200k. At this point, I'm not scratching my head over the price and thinking it was a pretty good buy.
Reality is we're still not certain what the MIL wants to do after my FIL passed away in January living an hour south of us. Still looking at possibly building on our property as I talked to the one guy who has done work for me and talked with a pretty good builder IMO who've I've worked indirectly with for HVAC systems in the past, but until I know exactly what my MIL wants to do, kind in limbo per layout and size (small 2 bedroom 2 bath no more than 1,200 sq ft single level with little to no stairs is her preference at this point, which is doable on our property).
Been looking however at the possibility of finding a home for her in some areas around us she's mentioned about (something to be said for a small condo for a woman in her 70's with nothing to worry about), added she's up in the air if she wants to tie us up with our own property after the boys move out and our possibility of downsizing in both home and land size which my wife and I had talked about.
Thing is, this past weekend, I went driving around locally and looked at about 10 homes (to see how misleading the pictures can be online LOL) and looking online for condos about 30 minutes away from us.
Last night, EVERY single home I've looked at and drove by is now either listed as either "contingent" or under contract. I mean EVERY one. I swear, couple weeks ago on the drive to a small town about 20 mintues away (4 days in a row drove down this street), I saw a for sale sign go up the next day, and litterally 2 days later it was under contract. I mean I'm talking about even double wide modulars with 1-2 acres for 200k gone like that.
My wife can only suspect it's because of people having to go through this virus mess who are tired of renting and having no space to deal with. Personally, I have no clue but he reasoning sounds feasible.
On the plus side, my wifes parents got what we thought was a good deal on a two story granite stone built house an hour south of us about 6 years ago, and the realator they dealt with buying the house said of course she will get top dollar for it as well as will probably go quick with a couple acres with the home, but still need a plan when she decides to sell.
Why are homes now like ammo? I've never ever seen a sellers market like this for homes.
An idea of local to me no more than 5-10 minute drive
Reality is we're still not certain what the MIL wants to do after my FIL passed away in January living an hour south of us. Still looking at possibly building on our property as I talked to the one guy who has done work for me and talked with a pretty good builder IMO who've I've worked indirectly with for HVAC systems in the past, but until I know exactly what my MIL wants to do, kind in limbo per layout and size (small 2 bedroom 2 bath no more than 1,200 sq ft single level with little to no stairs is her preference at this point, which is doable on our property).
Been looking however at the possibility of finding a home for her in some areas around us she's mentioned about (something to be said for a small condo for a woman in her 70's with nothing to worry about), added she's up in the air if she wants to tie us up with our own property after the boys move out and our possibility of downsizing in both home and land size which my wife and I had talked about.
Thing is, this past weekend, I went driving around locally and looked at about 10 homes (to see how misleading the pictures can be online LOL) and looking online for condos about 30 minutes away from us.
Last night, EVERY single home I've looked at and drove by is now either listed as either "contingent" or under contract. I mean EVERY one. I swear, couple weeks ago on the drive to a small town about 20 mintues away (4 days in a row drove down this street), I saw a for sale sign go up the next day, and litterally 2 days later it was under contract. I mean I'm talking about even double wide modulars with 1-2 acres for 200k gone like that.
My wife can only suspect it's because of people having to go through this virus mess who are tired of renting and having no space to deal with. Personally, I have no clue but he reasoning sounds feasible.
On the plus side, my wifes parents got what we thought was a good deal on a two story granite stone built house an hour south of us about 6 years ago, and the realator they dealt with buying the house said of course she will get top dollar for it as well as will probably go quick with a couple acres with the home, but still need a plan when she decides to sell.
Why are homes now like ammo? I've never ever seen a sellers market like this for homes.
An idea of local to me no more than 5-10 minute drive
