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The Water Cooler
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The shortages are starting
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<blockquote data-quote="Shadowrider" data-source="post: 3570558" data-attributes="member: 3099"><p>It's not just lumber but lumber is a part of it. My sister works for a closing company and the market is all out of whack and it has been for over a year. There aren't enough homes on the market for all the buyers looking. My niece just sold her house and moved to Owasso. She had it sold for over her listing price in less than a week. Had three offers on the table to pick from and was sweating whether or not it would appraise for the offer.</p><p></p><p>Personally I suspect it's that people understand that interest is going to be going up and are clambering to get into one while interest is low. Biden winning just kicked it up a notch as real estate is absolutely on fire right now if you are a seller.</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 3570558, member: 3099"] It's not just lumber but lumber is a part of it. My sister works for a closing company and the market is all out of whack and it has been for over a year. There aren't enough homes on the market for all the buyers looking. My niece just sold her house and moved to Owasso. She had it sold for over her listing price in less than a week. Had three offers on the table to pick from and was sweating whether or not it would appraise for the offer. Personally I suspect it's that people understand that interest is going to be going up and are clambering to get into one while interest is low. Biden winning just kicked it up a notch as real estate is absolutely on fire right now if you are a seller. [/QUOTE]
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