Yep. Just went through 8 multiple bid options until I finally bought a house recently in NJ. High demand and no inventory - there is nowhere to build but up.
nope. if housing was used for and by only US Citizens and those here legally AND not used by business to house foreign workers and similarly bought up in chunks to create more rentals/apartments ... there its way more than enough houses for those looking to buy.
They created the problem.
Sorry you had a tough buying experience. We went through the same process in FL last summer. Our budget increased by 30% as the prices escalated.
Now we’ve decided to move yet again. House goes on the market Monday. Guess we’ll see.