These companies will buy your home instantly. Here's what that means for a red-hot real estate market
CNN
Cosmos and Charisma Onyeyiri weren't looking to sell their home. But skyrocketing home prices in Austin this summer had them curious: What would the home they bought for $360,000 two years ago sell for now?
"We just had a baby. It was going to take a lot to get us to move," said Cosmos Onyeyiri. But, he said, a pie-in-the-sky offer of $600,000 or more would be motivating.
A few months later, that's exactly what happened. The couple sold their home for $616,700 -- without ever putting it on the market.
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