Went to coffee this morning. My good friend told me about a house similar to where we are now. He said owners listed it for 260k and after the bidding war got 330K. Buyer said they didn't care about the appraisal, they'd pay cash to take care of any difference.
He was out mowing his yard yesterday, a car pulls up, and the window rolls down. Older couple tell him they are looking for a house, from Canada, and want to know if he'd sell his house. He asked what they were willing to pay. They replied they were cash buyers up to 1 million. They are coming back today to look at it. He lives in a very nice 4000 sq foot house, five garages. four acres lot on a lake. Probably a 700K house. Crazy market in our area right now. People with money, not enough houses up for sale.