Here’s how hot: A 1920’s bungalow with no garage and on a noisy thoroughfare was entered on the MLS recently. It was listed significantly above what I think it would appraise for. Within 24 hours it had 30 agent showings, 40 sets of open house visitors, garnered 6 offers and went under contract for $14,000 over listing price — waiving appraisal.
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