- 4 years ago
- Wedding: March 1998
My sister-in-law lives in Maryland. She and her husband maybe looked at four houses. They briefly considered having one built before realizing it was out of their budget. Their first offer on a house was rejected, but they have closed on the second one. I can’t even begin to describe the envy I feel (not serious envy – more like ‘aw, man.’).
Meanwhile, in our neck of the woods, we have looked at 37 houses in the past year. We have bid on 5. We attempted to bid on 2 others, but they closed before we could do so. The market here is moving very rapidly (I’m in the Midwest) – it’s possible to have a listing put up one day, and they’re filing all the paperwork the next.
We have overbid by several thousand dollars each time (you can generally get a very nice house here for $100k and under – 3/4 bedroom brick colonials, 1.5 – 2 baths). We’re always beat out. In one case, a seller turned us down because she wanted even more money.
We’ve mostly gotten to the point where we’ve stopped looking. It’s crazy for us and it’s crazy for our realtor. We’re wasting everyone’s time, it feels like. We look here and there just to get a feel for how the market’s going (do we actually have a shot now of buying? No? All right, then).
We live in a one bedroom apartment now, so it looks like we’ll be moving into a two-bedroom apartment indefinitely. House hunting jumped the shark for us a long while ago. It’s not that we’re picky at all (the houses we haven’t bid on have largely been the ones that had very nice pictures…then we got inside and they were gutted wrecks).
How many houses are you on? How long have you been looking? What’s your plan from here on out?