A home needing some serious work just sold for $411,000 over its asking price, Curbed SF reports.
The four-bedroom home, located in San Francisco's Outer Sunset neighborhood, was listed for $799,000 in February and sold for $1.21 million just two weeks after coming onto the market.
That's roughly 50% above asking and a lot for a house that even the listing warns is "in a deteriorative state; needs everything, not for the novice." According to Redfin, the buyer paid in cash.
It's just another example of how crazy the San Francisco real estate market has become.
From the outside, the home looks totally run down.
Whoever bought the house will have to put in a lot of work to get it back in shape. Curbed speculated they'll end up flipping it for more money after the remodel.
Here's a look at the bathroom. It obviously could use a paint job.
See the rest of the story at Business Insider
US multinational companies are holding more than $2 trillion of their cash abroad, JP Morgan wrote in a recent report.
It seems like there are only two options when it comes to choosing a career: We can either pursue a meaningful job and make next to nothing, or we can pull in a pretty penny working insanely long hours in an uninspiring, high-pressure role.
Have you ever wondered why so many characters from your favorite '90s television shows had the strangest names? 
Is that an iPhone in your pocket, or are you just carrying around a set of watercolor paints?
