How crazy has the real estate market become in the Upper Valley? Ask Amanda Addington.
Addington and her partner, both 32, share a one-bedroom apartment in Hartland with their cat, Gary, and since September have been actively looking to buy their first home. They want to settle in the area with a bigger place.
The professional couple – she works in the development office at Dartmouth College, he is a social worker in Vermont – have visited 23 houses and condos, from Canaan to Quechee and Enfield to Thetford. They’ve made eight offers, not one less than asking price.
And every time they have been outbid by another buyer.
“We knew it would be difficult, but we didn’t expect this at all,” said Addington, who moved to the Upper Valley three years ago. “We thought with the number of offers we’ve made one of them would work out.”
Addington’s experience illustrates what many people are facing after a year of…