Reply to Have prices the last month jumped the shark?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've been curious how appraisals have been able to keep up with the fast increases with each sale.  Or maybe it doesn't matter because the only people buying these houses have been people with all cash or at least a significant amount down.[/quote]

I'd also like to know this. We are planning on buying next month and can't do cash.[/quote]

We make plans, God laughs.  Good luck.  Hope you have a lot of cash - wish we did![/quote]

So you just, what, gave up? Rented? I mean, I know we are going to have a hard time. We are building in a 3 month rent back when we sell our current house, and plan to just keep trying until we find a place.[/quote]

We're renting, [trying to be] first time buyers so just continuing with our month-to-month apartment in the city.  I keep mentally giving up and then stalking every listing every week.  Assuming will be in this boat for awhile.  We've lost a handful of offers so far.[/quote]

Yeah, we can't do that- I mean, we could but it would be a total nightmare. Two toddlers and a third on the way.[/quote]

Yep, we have a three year old and an infant.  It's pretty rough.[/quote]

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