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Thought I had to offer over asking in every Charlotte neighborhood
I was set on a house in Plaza Midwood and was ready to go 20k over list, but my agent flat out told me 'that's a panic move, the comps don't support it here right now.' We offered list and got it, which saved me a ton. Are certain areas still seeing those crazy bidding wars, or is it cooling down more broadly?
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mia_fox981mo ago
That "panic move" feeling is so real, my friend just backed out of a bidding war entirely and is renting instead.
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reese_hill2mo ago
Yeah, my buddy was just saying the same thing about Plaza Midwood. He heard from a lender that the crazy over-ask stuff is pretty much just in the super hot spots like South End now.
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