Not surprising since houses have been over priced like a lot of other things. People drive the prices and when you have a home on the market for 125 thousand with 3 buyers and all making over market and over asking price offers and the 175 thousand bid wins, as the seller are you going to turn it down ? Other sellers see that and raise their asking price and even more idiots line up to bid it higher. And many on here bitch daily about housing prices so they should be happy