Sold in a day, WOW, for more than we paid for 5 years ago...
We can sell our house for about $240,000 right now. I paid/stole it for $32,000 cash, 12 years ago, then with a tax break at that time it worked out to $28,000. Now I am looking for a house for around $300,000, not easy in this market. If I could find a cheap place to live so I could sell first, I might win one of the bidding wars... But with my wife, Mother-in-law, 2 dogs, and a cat, we can't just couch surf for a few months... I am having a big yard sale today, with lots of fishing gear, tools, and most anything else you can imagine... I would rather be fishing in my former boat...
Those are nice units, not surprised it sold quickly. Lots of money floating around. Wonder how long until the price of everything doubles.
Wonder how long until the price of everything doubles.
Or just sell your house and buy a giant boat, and surf in perpetuity.
It's coming. Already has with lumber. Young bucks on this forum won't remember the stagflation of the 70s. Brutal. Mortgage interest rates in the high teens. That was until Reagan stepped in and beheaded the monster.