Homes in my hood sell immediately 30-50K over selling price with NO inspections allowed. My niece gave up and decided to build her own.
Here in the Silicon Valley area, if you bought a house 40 years ago, the amount paid over asking today is three to four times what you paid for the house. Read that carefully. I’m not saying the house is selling for three to four times what you paid for it. The amount paid OVER ASKING is three to four times what you paid for it.
This is sheer lunacy.