Well, my boyfriend is tired of renting. So he's buying a house. It's his first time buying and we're (I'm helping him look) finding out the housing market here in Texas is quite well. We're not interested in a new build at all. Most of those come with HOAs - I think I'd rather still be renting than deal with an HOA.
So we're looking at older homes and we certainly don't mind having to do a little modernization/fixing up. Apparently, everyone else and their mother has the same criteria as us - homes will receive MULTIPLE offers the first day they're listed. I will admit, most of those are super under-priced and do need a lot of work, but there will be some homes that are about 1/2 way upgraded and priced way higher and they'll go within a week.
We're not even getting a chance to look at the homes
We saw one that was a great contender. It had been listed for about 4-5 days and when our realator asked about a tour, a contract had been put in just hours before.
Another issue is getting my boyfriend to actually go look at a house. We saw a house a few weeks ago that was perfect - it was in great condition, with a big lot and pool and trees, but needed some serious upgrades (floor to ceiling wood panneling. Yuck). It was around 1700sqft, 3/2, under budget and under priced for the neighborhood because it had no upgrades. it was just perfect. Of course, after some further digging, it was already under contract. Ever since then, he's been comparing EVERYTHING to that one house. It it's not 1700sqft - nope! If it can't be upgraded - nope! It's not way underpriced compared to the homes around it - nope!
I want him to go out and just look at 2-3 homes, even if they're 5 miles further than what we'd like, or maybe even a little bit smaller. I'm not saying to look at a place thats 5x the budget, or only 1 bathroom... just go and at least look to get an idea of what's out there.
It's just frustrating because I don't even feel like we're making any progress. And to top it off, we're moving in with his parents for a month-month and a half because our lease is up.