. The housing market is so hot buyers are paying $1 million over asking price « JO LEE MAGAZINE

CNN/What do homebuyers have to do to get a house in this cutthroat real estate market? Offer sellers a Caribbean vacation? Bid $1 million over the asking price? Pay a competing bidder hundreds of thousands of dollars to walk away?

What about buying two homes just to live in one?
Believe it or not, these are real offers. And sometimes, they actually work.
“You hear about buyers throwing sweeteners into the mix — wine, dinners — to get the house,” said Esty Perez, an agent with Knipe Realty in Portland, Oregon.

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