@minc798 8-10 typically does it. We’ve had had agents write up 25% over ask eight unseen just to lock it down bc they have ptsd form missing out.
It’s normally one or two agent who blow it out of the water tho and everyone else is in a similar range.
@TraceyRyniec@StatisticUrban Agreed, for normal people. The person who buys this will cherish the fact that they’re are higher up than everyone else. It’s a weird psychological component I’ve seen in some peopl.
Meh. Just bc you don’t think there’s room for prices to go up bc they didn’t go down when rates went up isn’t really an argument. People underestimate how hard it is for real prices to materially go down. You need a ton of supply. Lower rates typically lock up supply and increase first time buyer pool all else being equal.
@ThinkAppraiser Mortgages are amortized. So you stick to the schedule until it’s completely paid off. I’d never make additional payments and would invest the rest. Once you have enough saved to pay it off, then why not. Making additional payments feels good, but it’s not the right move.
@DanProft I don’t necessarily disagree with this and love twisted spoke. Grew up going there as a kid. But grand retail has also become a very hot commodity. There is already a new tenant in place with plans to open a soccer pub (assuming based on permit data).