You would have to be living under a rock these days not to know that the housing market is going crazy.
This is definitely a seller’s market, and people are getting premium prices for their homes.
A lot of the times, there are even bidding wars on houses that are no more than lackluster. I always recommend to buyers that if they are making an offer on a house, they should definitely not get into a bidding war with another buyer, no matter what. NBo house is worth that. Also, one thing I must recommend is that all buyers be sure to get good inspections on the houses. Of particular importance is the HVAc system. When I last sold a house, the heating and cooling barely worked. The house was fairly large at about 3000 square feet, and it was built in the 1960s. The heating and cooling system was probably put in at that time. The heating was done via a fuel oil furnace. There was a big tank underground, and the fuel oil people had to come and fill it up. That was so pricey! The air conditioning seemed to just be regular electric cooling. That was pretty pricey, too! We only kept the house about four years, and by the time we were ready to sell, the HVAC really was in dire need of updating. But we didn’t want to update the HVAC, as we just didn’t want to pay the cost. When we called in the realtor to help us sell, she went to the thermostat and turned on the a/c. I felt bad because it wasn’t working terribly well, but her response was, “all it has to do is turn on, and we can say it is working.” That is how I know that if you are buying a home and don’t want to have to replace the HVAC system right away, be sure to get it inspected and do a lot of tests that require both heating and cooling.