Bought a house in Phoenix last summer and I still can't get used to how fast the market moves here

I grew up in Ohio where you could look at a house on Tuesday, think about it for a week, and make an offer on Sunday. Out here in Phoenix, we put in an offer on a house less than 24 hours after it listed and still lost to someone who did a sight-unseen cash deal. My realtor told me I need to have my pre-approval letter ready and be willing to make decisions in hours, not days. It's a totally different world from what I grew up with. Has anyone else had to completely change how they approach buying a house when moving to a hot market?

3 comments

3 Comments

mason3613d agoTop Commenter

Buddy from work flew out same day, wrote a check sight unseen, got the house.

the_val3d ago

Man, nobody wants to talk about the EMPTIONAL toll this takes. You're not just racing against other buyers, you're racing against your OWN brain making a life-altering call in minutes. It's like gambling with your future stability and that constant pressure wears you down way more than the actual money stuff.

nathan_bailey2d ago

Well, have you ever actually walked away from a deal because it just didn't feel right?