Party At Marinite's...
Please see Marinite's post for a terrific "How To" article on how to play to win at the overpriced housing game, and topple the pyramid scheme it has become.
Here's a hint:
1. Look up the price 5 years ago
2. Add 25%
3. Adjust for inlfation
That's your offer.
If it was worth $300,000 five years ago
It is worth approximately $364,000 today.
Don't be the greatest fool and pay for another fool's idiotic lifestyle choices.