>Asking 2M
Ok
>Sold 3M
Ok
>Over asking 1M
What? Isn't that overpaying 1M instead? Am I just stupid and don't get it?
this post was submitted on 03 Jul 2026
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It's shorthand for "we sold this particular home for 1.02m over (more than) the initial asking price!"
It's advertising that it's a hot market and this realtor will get you a ton of money, even more than you will initially ask for. Probably due to multiple bidders.
Perhaps 'Over Asking [Price]'
Right next to cupertino. It's a $120k house on a $2.9million dollar lot
"Just learn to kiss some ass. That man has the power to fire you! When he says come in on Saturday, show up on Sunday also too!"
-- My Silent Gen parents, every goddamn day
Fuck me dead that is not a three million dollar house.
$3M for 1,300sqft (120m²)...
That's absolutely insane. You can get a proper mansion for that here in Scandinavia...
Well, to be fair this in an insanely overpriced area of the United States. If Scandinavia was the size of pretty much the entirety of Europe you'd have price extremes as well.
For example if you look up a similar house in the Midwest of the United States (Illinois, Missouri, Wisconsin, Iowa, ect) this house would be under $200,000.
Asking 2 got 3. Did a corporation buy that?
The implication is that multiple buyers put in offers on the house, and someone placed a 3 million offer to make sure they were the winning one.
Housing crash when?
It'll never crash again. Private equity will buy every home and rent them back to us. Forever.
Then make sure private equity goes out of business
How?
Hopefully, violently.
At this point, not without a bloody upheaval.
Not that I'm encouraging that. It sounds horrible. But still.
My landlord recently told me how much they think the place I'm renting would sell for, and now idk why the owners even bother renting to me because the price is like 50 years worth of my rent.
Because he gets a steady supply of money and then in 10-20 years it will be worth 100 years of your rent on top of the 10-20 they collected already.
The bubble could pop though and you lose out. The market has softened near us and there are people that have lost 100s of thousands in equity already, and are upside down in the mortgage
I feel like "lose out" is an overstatement. There are/were still steady rent payments even if the whole bottom falls out.
The bubble will inevitably pop as the boomers start dying and the housing supply relative to the population starts increasing. Plus no want wants to pay for the catchup work needed to address 30 years of deferred maintenance, so a lot of houses will go for cheap.
This. I was going to mention the depracating property. Our place needs a new roof soon. I have seen people skip it as well as lots of other outside water shielding maintenance and the place is a rotten mess 50 years later
Of course, but a generation of homeowners grew up learning that, barring short disruptions, home prices always go up. Nevermind that this was largely due to interest rates steadily dropping since the 80s, reaching basically 0% during Covid.
Since there isn't really room for interest rates to drop anymore people shouldn't expect home prices to rise faster than incomes rise, but it's going to be hard to undo 30 years of observation.
Well you see, he can take a loan on the equity, you pay the loan for him and he doesn’t have to pay any where near as much in taxes. You’re just helping out a landlord in need.
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Something something avocado toast
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