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I believe that. 2 years ago I bought an ok house on the south side, where on a bad day you can smell the sewage plant by the airport, for $280,000. A house just like it, in my neighborhood, listed for a $100k more. All I can figure is that CA refugees are coming.
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when I sold my first place here, it was a damn 15 year old townhouse, I got like $60k more than I paid for it, I only lived there 5 years. it was purchased as a second home by some people from San Fran. I couldn't stand living there, hearing neighbors TV's, toilets flushing, ect.
The offer came in a hour after listing.
I looked at a ton of houses, it was all crap, over priced crap.
my last straw was looking at a house off Jaguar.
the price was... reasonable... the roof had been leaking for years and the ceiling was collapsing, the back yard was a mess, the garage roof had a leak. I looked at it the day it went on the market.
I submitted an offer pending inspection.. half an hour later they told me "yeah, someone just made an offer for 10k above asking without inspection"
I said, well I'm done here and moved to RR.