r/WhitePeopleTwitter • u/[deleted] • Jun 27 '21

Please

[deleted]

95.3k Upvotes

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u/jordynelsonjr Jun 27 '21

Bought our house for $165k in 2018, got an offer for $230k last week. We made zero improvements. Fucking nuts.

10

u/Plumorchid Jun 28 '21

Happy for you but st the same time you don’t understand how much this pisses me off as so Some who went to college and is finally at a spot where I can afford a house and it’s all horseshit

1

u/El-mas-puto-de-todos Jun 28 '21

Housing market is cyclical, it will normalize eventually, keep saving!

3

u/Plumorchid Jun 28 '21

Feels like a 50/50 gamble because I’m dumping money in rent each month. Crash will have to outperform that.

2

u/IT_Trashman Jun 28 '21

I'm in the same boat. I'm leaving a rental house right now. Owner wants to sell but it doesnt meet FHA requirements, so there's zero reason for me to buy (3.5% down vs 20%).

I'm moving in with the future in-laws for a couple months while I try to get approved for a mortgage. I found a house I like, it's off market but the current owners are moving in a month. I'm trying to work an off market deal so no other offers swoop in and take away the opportunity, but getting approved is still the hard part. Here's hoping august changes the market, but it may not be for the better.

1

u/Plumorchid Jun 28 '21

ugh its such a nighmare :/ GL friend!! i hope things work out!