(Closed) where are all the houses?!?!?

posted 4 years ago in Home
Post # 3
Member
265 posts
Helper bee
  • Wedding: September 2012

Are you in CA? Same here. So frustrating. It feels impossible that we’ll ever get into anything. Stupid investors buying up all of the inventory. ARGH!!!

Post # 5
Member
278 posts
Helper bee
  • Wedding: June 2013

The inventory is at record lows now, unfortunately. We had the same issue.

Post # 6
Member
10368 posts
Sugar Beekeeper
  • Wedding: September 2010

Inventory is really low nationwide. People who are still underwater and can afford to stay put until prices rise more are, and it’s creating a massive inventory problem. It’s definitely an issue here in the San Fran area. People are so desperate and inventory is so low that prices are skyrocketing. There were 10 bids on the place we bought in November (!!).

Post # 7
Member
330 posts
Helper bee
  • Wedding: September 2012

My husband and I are selling our house in NJ if you want it lol. The market is really frustrating right now, I hear ya. It took us a solid three months of searching to finally find our dream home. Good luck to you and your hubby!

Post # 8
Member
4497 posts
Honey bee
  • Wedding: October 2013

This happened to us when we were looking. Every house we put a offer on had just gone under contract the day before. We ended up finding a home we loved more than any of the others we had looked at though so I’m happy with how it worked out. I felt a lot of pressure to put in an offer quick though because I was afraid someone was going to ‘steal’ it out from under us!

Post # 9
Member
1880 posts
Buzzing bee
  • Wedding: April 2013

Most houses in my neighborhood are selling before they’re officially on the market, except the ones in the 1 mil and up range. The people buying them are working really closely with their realtors, who are letting them know as soon as people have contacted them about selling a house.

Post # 10
Member
1719 posts
Bumble bee
  • Wedding: September 2012

DH and I are looking right now.  We’re having the same problem.  We can’t find anything within our criteria.  And, if we do, the house needs a total makeover which we don’t want.  Ugh!

Post # 11
Member
1408 posts
Bumble bee
  • Wedding: November 2013

yup we went through the same thing. Every house we liked immediately had an accepted offer. We ended up just going with a new build so we could get everything we wanted. 

Post # 12
Member
8151 posts
Bumble Beekeeper
  • Wedding: October 2013

are you using a realtor?  a realtor should not show you houses that already have contracts.  if you are searching using zillow, realestate.com and any of those site, they do not have the most up to date houses. many of those that look they are still for sale, many times are already sold or with contracts. 

that being said, now is a terrible time to look.  kids go back to school and families like to be settled in to their new houses.

when i was house hunting, i started looking in november.  there was barely anything on the market.  but around april, a ton of houses went on the market.  i found my house in may. 

Post # 13
Member
3947 posts
Honey bee
  • Wedding: October 2011

The market is crap so no one wants to put their house up for sale.  We’re buying in October, and we’re well prepared to have little options.

Post # 14
Member
2687 posts
Sugar bee

In our area, supply is crazy low because everyone wants to buy right now.  In the last few months, 2 houses across the street from us have gone up for sale and both went under contract in less than 1 week.  And we live in a suburb that’s 30 minutes outside the city.  Lots of people are either turning to new construction or buying houses further out into the suburbs.  Keep an eye on real estate listings and get a good realtor on your side to let you know when good options come onto the market.

Post # 15
Member
1608 posts
Bumble bee
  • Wedding: October 2013

@OtterHalf:  oh god we can’t find anything here in NYC either. We’re looking in about 8 neighborhoods and our budget is fairly flexible, but there is NOTHING on the market. It’s the same 15 listings for months on end. Ugh.

Post # 16
Member
7618 posts
Bumble Beekeeper
  • Wedding: March 2014 - A castle!

@OtterHalf:  Honestly try switching realtors. I had 1 day to find a house due to travel restrictions. Our realtor showed us 24 amazing houses all in 1 day and was so incredibly organzied it seemed like a breeze. At the end of the day the whole process was a no brainer, we put in an offer, and it was accepted that very day.

Good luck and I hope things start to work out!!

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