It is unbelievable here in Phoenix Arizona. It is absolutely insane.
We listed our house at a little more than $100,000 above what we paid for it 4 years ago when we built it. 20 minutes after it went online with MLS we had a full price offer site unseen. 30 minutes later we had an offer for $9000 over list price, waiving the appraisal, site unseen. Within 24 hours we had 5 offers and only one of them had come to see the house. No time to put up a sign. We are now nogatiating with the two best offers. I wonder why I busted my butt for two weeks getting the house all ready when no one comes to see it. Our son will make $150,000 on the house he has had for 2 years. People are just nuts. the average person does not have a chance in this market.
We are moving to The Woodlands, TX and the market is normal there.