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Unfair_Isopod534 t1_j4jsyxg wrote

Reply to comment by calamitousaliensalad in The current housing market in a nutshell by LopsidedWafer3269

Its different now. Any house that's nice gets an offer within a day or 2. Everything else is super outdated will require a lot of work. But also inventory is ridiculously low.

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freshpicked12 t1_j4mb7ey wrote

But houses that need lots of work is where you can build equity. I don’t understand everyone wanting to start off with a turn key home. Buy a fixer upper and start from there.

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BoOo0oo0o t1_j4rzs61 wrote

That comment isn't accurate. Ive been looking at everything under 550 and Ive seen plenty of places that are super rough in Middlesex country that are 500-550 where there are like 30 people at the open house and it goes way over asking in a day. Id be happy to buy a house that needs some elbow grease to make nice but the options out there are like buy something under 600k that has major structural flaws you can't afford to repair or move out west and have a 2 hour commute or just continue getting outbid by contractors and investors who will either tear down or flip these places because they actually have the cash

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