Houses under $200,000 are blowing off the market, usually with multiple offers. This one closed yesterday, a 3br/1.5ba, 1,062sf house built in 1961 in virtually original condition, whose elderly owner just went off to assisted living:

The buyer of this house, an Arizonan, said,

“Where I come from all the slabs are cracked, even the ones on flat land”.

In the lower-end markets of Oceanside, it’s all about acquisition now, people just want to buy something, anything.

It’s addictive.