Tuesday, May 25, 2021

It's Crazy!

And by "It" I mean real estate. With more people being vaccinated, at least a year of pent-up demand, and a low inventory of houses for sale, all bets seem to be off if you're looking to buy a house. Things are much better and there is a lot more control if you're lucky enough to be selling. Thankfully, we've been able to do both.

Ryan's New House

So we bought Ryan a house. He found it online, but John and I have seen it in person and it seems like just the right place for him. We don't close until July and moving plans aren't definitive yet because the sellers are building a new house. They may need to stay for another month after closing, but by the end of August, Ryan will live about 30 miles away from our place in NJ and it will only take me 50 minutes to get there.

There were multiple offers, and we had to pay over asking price and make the home inspection for "informational purposes only" (meaning no negotiations with the seller). That was a bit scary and we've never bought a house under circumstances like that, but luckily, it worked out and was a small price to pay to have Ryan back here. There are some possibilities for him to work online from home, and if that doesn't pan out, his new house is in a location with a lot of other possibilities. 

Ryan's Current House

Then we had to list his place in CO. At least this time we were sellers instead of buyers, but it was equally crazy. His real estate agents had several offers an hour after his house was listed, before it had even been shown. The listing agents decided to do an open house on Saturday and another one on Sunday rather than a bunch of showings, set a deadline of last night for any offers, and then we would have until 1:00 pm today to respond. We haven't yet made a final decision, but I got my wish that we would have multiple above-asking price offers to choose from.

There have been a lot of things going on around here, but I'm glad to report that despite the craziness, several of them have been happy, and Ryan will be moving back this summer. I can not wait. <3

15 comments:

  1. I'm so glad for you all! It's a very stressful thing to buy or sell a house in regular times, it's extra extra stressful now. You must be SO excited about having Ryan close to home in just a few months.

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  2. Such a relief to hear that everything has worked out to enable him to move back east! My brother and sister-in-law have been looking for a house, and they're having a hard time because the prices have gone up and anything good they find tends to go quickly for above asking. So Ryan should feel quite lucky to have found a place!

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  3. This is the BEST news ever, Bonny! I think I need to go and do the dance of joy for you all! My mother's heart is bursting for you! XO

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  4. I am so happy for you, Bonny! I know you have been working a while to make this happen, and there is nothing like a family circling the wagons to increase your peace of mind. I love Ryan's new house! You were lucky to find it, and he is lucky to have you guys as parents. I see lots of joy in your future.

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  5. What a charming, perfect house for Ryan! And to have him so close by? It's just a wonderful thing, Bonny. (But the housing market is NUTS. Absolutely NUTS.) XOXO

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  6. Congratulations Ryan! It's just perfect. And I'm glad the CO transaction went your way as well. I think you're going to have a great summer. xo

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  7. Such wonderful news! I assume you've already found the nearest LYS to his new home? :) I'm so happy for you both.

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  8. I've been on this Real Estate rollercoaster with Ali and with my sister -- Ali selling, Annie buying -- and it is definitely CRAZY!! I'm SO HAPPY that Ryan will be so close, practically next door compared to the last few years!!

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  9. Mazel Tov on the new house, but more important that Ryan will be so close. Sunday dinners will be amazing.

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    1. Thank you, Lisa! We are already planning our dinners together!

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  10. oh my!! Such good good news! How exciting to have Ryan back near you, a dream come true.

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  11. Oh Bonny - YAYAYAYAYAYAYY!!!!! I'm beyond happy for you AND Ryan and send all my best wishes for smooth closings and relocation.

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  12. HOORAY. It will be so nice for you and your family to have Ryan within driving distance. I'll hold a good thought that the closings and moving go smoothly.

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  13. I get/feel your happiness. My son and daughter-in-law are in the process of buying a house in our area (a move from Idaho to Ok). I'm all the time 'smiley face'.

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    1. Congratulations to your son and DiL, and I'm thrilled for you!

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