Welcome to crazytown, USA!

Real Estate Agent with Jameson Sotheby's International Realty

I don't know what your region is like, but the housing market in my area (greater Chicagoland) is still crazy.  Lots and lots of multiple offers, listing agent restricting access to properties to just a couple of days, and then reviewing offers.

A recent listing that I showed to one of my buyers had 75 couples at their Sunday Open House, and reviewed 26 offers that same evening... (My buyer did not win the bid!).

Welcome to crazytown, USA.

Posted by

 ALAN MAY, Realtor®   
Specializing in Evanston Real Estate and North Shore Real Estate

Jameson Sotheby's International Realty, 2934 Central Street, Evanston, IL 60201
Office: 847.869.7300      Cell: 847.924.3313      Email: Almay@aol.com

Evanston Real Estate & North Shore Real Estate
Licensed in Illinois


Comments (8)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Alan. Condos not moving that fast in downtown Chicago, but had no idea  the suburbs are that crazy. Never seen an instance of 26 offers on one listing. That is truly crazytown! Enjoy your day.

Feb 28, 2022 05:34 AM
Alan May

The suburbs are truly a hotbed of activity.  And not in the usual "The Young and the Restless" kinda way.

Mar 01, 2022 11:21 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

When I read the subject line, boy did a lot go thru my mind. Haha, thanks for the post.  Its Monday, hope you had a great weekend.  Try and be productive and sell a house. bill

Feb 28, 2022 05:43 AM
Alan May

there's not enough room in my mind, for much to drive through.

Mar 01, 2022 11:22 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It's still crazy in the Phoenix metro area as well.  Even in the higher price ranges which makes it even crazier.

Feb 28, 2022 05:51 AM
Alan May

We're seeing buyers throwing insane amounts of money at listings... just to get a home to lay their itty bitty heads.

Mar 01, 2022 11:22 AM
Gwen Fowler-864-710-4518 SC * Mountain* Lake*Home
Gwen Fowler Real Estate, Inc - Walhalla, SC
Gwen Fowler Real Estate, Inc.

Still going strong here in Oconee County, SC.

Feb 28, 2022 06:05 AM
Alan May

yep.  shows no signs of slowing down around here.

Mar 01, 2022 11:23 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Alan... sounds just like the Charlotte market! I can totally relate.

Feb 28, 2022 06:49 AM
Alan May

There's a lot of that going around, Nina.  A lot!

Mar 01, 2022 11:23 AM
Liz and Bill Spear
RE/MAX Alliance 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Alliance Cincinnati & Dayton suburbs

The worst I've ever been in was 11 offers and that was 7-8 years ago (my buyer did win that one). 

Thankful that for the most part the worst we're seeing locally is 6 or 7 offers.  Some we win, some we lose.  And I've had a buyer or two just punt the idea of buying at all, not wanting to be a part of the feeding frenzy.

Feb 28, 2022 07:05 AM
Alan May

As a listing agent, the worse I ever had was 13 offers.  And I had to create a freaking spreadsheet just to keep track of the offers.

Mar 01, 2022 11:24 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Alan - it's never easy to be a buyer (or a seller either) as all kinds of "crazy" seems to be a part of the real estate scenario.  But somebody's gotta do it, right?  

Feb 28, 2022 07:38 AM
Alan May

That's what they tell me, Michael.  That's what they tell me.

Mar 01, 2022 11:25 AM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

That is crazy Alan May   We are still crazy here in Central CA. (not just in the real estate market but that's another story) 

Feb 28, 2022 09:44 AM
Alan May

California has its own version of 'CRAZY' when it comes to the real estate market.  You guys may have invented it.

Mar 01, 2022 11:25 AM