Houses that we've been looking at for our daughter go "Pending" within two hours of the post on Realtor.com. Then disappear completely within a day, as the offers apparently are accepted.

Ask prices are 300-400% what they were in 2016; purchase prices are higher as the bid wars factor in.

Even the realtors think it's insane.

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1 Thessalonians 4:11 Make it your ambition to lead a quiet life, to mind your own business and to work with your hands, just as we told you, so that your daily life may win the respect of outsiders a