It’s still that way in many desirable markets. My sister and BIL just sold their place of 30 years in suburban Maryland (between DC, Baltimore, and Annapolis). They had ONE open house about three weeks ago (Fri, Sat & Sun), about 30 people looked at it, they got four offers, all above asking! They close in a few days. The movers are at their house as I write! They will be staying in a motel tonight. They are retiring to a retirement community closer to family in the Amish Country of Pennsylvania.
why is the market in deep-blue parts of the country (Chicago, MD, even New York) still extremely intense compared to places with sane values (Texas and Florida)? It’s a strange conundrum I am trying to figure out...