Just went through a home purchase and sale. The house we bought we ended up offering list price because there was a competing offer but we feel like the house we got is great value. We were able to sell our house without having to list it as our realtor had clients that were super interested in our place.
We bought our house in 2014 during the boom and we still took a roughly 80k hit on what we paid 7 years ago. It is a duplex style infill in the SW and now we are moving to the burbs in the SE in a forever home type situation.
We got a great interest rate and since Covid have been looking for more space. We bought our current house when we were 30 years old, newlywed and still working/going downtown a lot. We are mid/late 30’s now, have a kid and secure in our careers so we just took the plunge to get our forever house. Everything was finalized a couple of days ago and we are moving in 3 weeks so very excited.
It definitely has the seller market feel right now. Low rates, and low inventory being the key drivers
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