Booming here...

Who says the housing market is down?

On my dead-end street of about 10 houses, 3 have been for sale this last month.

The first one on the market in ONE WEEK had 10 visits, and a bidding war started between buyers that drove the price UP from the seller's original asking price. The resulting buyers paid cash for the house.

Then the second seller posted a sale sign in their yard MONDAY, and today a couple looking at the third house walked over to see the second one... and called the seller back this afternoon that they want to buy it. No squabbles over money or anything. It was the first visit the seller had on their house.

It's like desperate buyers are flocking to our neighborhood. It's weird. I have to wonder if it's due to the foreclosures in the DFW area on larger homes, so folks are downsizing. I also have to wonder how they're getting financed in the mortgage turmoil going on.

By the way, the third house has been on the market for a while, but it's not the most attractive house on the block, on the end and sits at a strange angle. But at this rate it should be snatched up too before long.

New neighbors everywhere.