—realtor buzz here in South Dakota is that houses are being bought sight unseen for asked price by escapees from our urban paradises——
Ditto here in the Idaho Panhandle. Prices are insane. Places are selling over asking with multiple offers.
...houses are being bought sight unseen for asked price by escapees from our urban paradises——
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Ran into that since April in both the area we left and the one we are in now.
Funny thing was that they would actually make multiple offers and sacrifice the escrow if they found something better. Properties were contingent for 2-5 days, then for sale again.
Others were “real beauties” and would start haggling for things like all completely new appliances (brands specified) and then, withdraw the offer after the sellers had complied. Many lawsuits ensued, from what we heard. That incident was people from NYC. They had looked at our property, but thankfully, not made an offer.
We lucked out and our buyers were great people, but the contempt from many, especially the millennials, was palpable.