I don’t know if this is the case everywhere but the real estate market around here is unreal. Houses are going way over list sometimes in excess of $100,000 to $150,000. Listings are turning into bidding wars but this has become common here
It is not surprising why the real estate market is replete, all due to the current situation in the world. Moreover many investors have bought real estate in the past and now want to sell it while its not too late. This strategy is called the BRRRR Model, and it is quite common among people who invest in real estate. Unfortunately, due to the rise in prices at the moment, such a strategy is difficult to implement, but who uses it exposes too high prices for apartments or houses. I can understand them and therefore I am not surprised why real estate has become so expensive, it is worth waiting for some time until the situation in the world stabilizes and then I think it will be possible to buy real estate at good prices.