After my mom died, my brother decided to sell her 20-year-old doublewide and two acres in the country near me in rural TN. The doublewide was immaculate, but it was still 20 years old. He bought it from her before she passed for $30,000 to give her some spending money but she lived there rent free until she passed.
Well, he asked over $100,000 for it on a whim and advertised it in CA. The people that flew in from CA to look at it bought it on the spot and gave him $10,000 over asking price.
They sure are dumb, or desperate.
My brother laughed all the way to the bank.
Are the CA folks moving in to those two acres? Or was it just the double-wide that they bought?
Rural Alabama here. Out of staters have really screwed up the market here. 2 years ago I could look at a property and tell you exactly what the market value is. Now? I really have no idea. What was a 100k property, now brings 200k. Or 200k and brings 350. Sounds like a great deal if you live in CA or NY or IL. But it has priced out locals in our poor ass county.
Our area has been named before as the poorest in the nation.
So why in the Hell would these folks want to live here? Don’t get me wrong. Lived here all my life and I don’t want to go anywhere. But these liberal idiots need to stay away and leave us alone!
Eve Plumb from the tv show “The Brady Bunch” bought a small 850sq/ft home in Malibu in 1969 for $55,300 and sold it for $3.9 million in 2016.
See the photos. Basically a trailer home on the beach.
https://www.today.com/home/brady-bunch-star-eve-plumb-sells-malibu-home-she-bought-t101957
https://people.com/home/the-brady-bunch-eve-plumb-sells-malibu-house/