Having "Day 2" of this round of open house.
We had about 15 people come by yesterday, and the agent said they all looked like solid prospects.
He also brought by our first offer. It was for the listing price, and my wife is insisting we get $15k more than the listing price. $15k above the listed price is what the appraisal is, and would pay for our moving costs.
Hopefully we'll get some more interested, people today.
I don't how youngsters do it these days. Buying a little house like ours at over $500k just seems nuts to me. The only house I've ever owned (so far...this one is really my wife's) was purchased back in 1987 and we paid $156k for it. I was making about $40k a year then, and along with what my then wife was making, we could easily afford it. That house is worth about $450k now. While the price of the house has TRIPLED, I doubt that the wages of the kind of person who would be interested in it have kept pace.
As the last line of "The Bridge On The River Kwai" says........."MADNESS!"