u/mizugori

Sure it's a buyer's market - unless you want good schools (Central FL)

I've been looking for a couple of months now. Should be in a strong position - we're doing a conventional loan, have the funds, currently renting so no need for the "I must sell another home in order to close" contingency.

What I'm finding is there are effectively 2 markets - if you don't care about schools, you can get a pretty decent deal. If the house is zoned to decent schools, you can forget it - the sellers are still holding too many cards.

Of course we fall into the second category lol.

It's been just weeks and weeks of going to see houses, offering 95-100% of list price, and being told to pound sand basically. Every single time, there's another offer that they go with. And no I don't think that's a lie, because they really do go pending a day or two later. (Whether these deals will close or fall through is another matter.)

I would love to know who are the geniuses paying >100% of list right now.

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u/mizugori — 2 days ago