A TikToker hilariously roasts how ridiculously competitive buying a home is right now, and it's spot on

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A TikToker hilariously roasts how ridiculously competitive buying a home is right now, and it's spot on
On TikTok, comedian Shaun Johnson compares an apple to a home for sale in the US right now.@johnsonfiles/TikTok
  • TikToker Shaun Johnson posted a video that shows what it's like to buy a house in the US right now.
  • People commenting about their own outrageous experiences with the market show how relatable it is.
  • The market is so imbalanced that homes are getting an abundance of offers, and many are all-cash.
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A TikToker is racking up millions of views on a hilarious video that satirizes the current state of the real estate market, and the video is spot on.

Comedian Shaun Johnson, known on TikTok as @johnsonfiles, shared the video on April 20. Johnson didn't immediately respond to Insider's request for comment.

The video had nearly 6 million views and 700,000 likes at the time of writing, and other TikTokers in the comments found it super relatable.

"This is the truest thing I've ever seen in my life!" One TikToker commented. "Just closed on a house I overpaid for."

"Put my house for sale at $650,000, had an offer at $900,000," wrote another. "I canceled the sale because I know I wouldn't find another one during these times."

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@johnsonfiles

Anybody else in this crazy fight for a home?? ##realestate ##housingmarket ##comedy ##funny ##realestatetiktok ##realestatehacks ##houseshopping ##fixerupper

♬ original sound - The Johnson Files

In the video, Johnson compares an apple to a home for sale. As soon as the apple is on the market, a bidding war begins. People offer dozens of dollars for the measly fruit, followed by hundreds, without even seeing it up close.

"Is it even worth that?" one bidder asks. Some mention that they've already made offers on several other apples but were unable to close the deal.

The apple bidding war is a perfect analogy for the wildly competitive real estate market in the US right now, where more people want to buy homes than people are selling.

America is running out of houses, as Insider's Taylor Borden previously reported. The pandemic made more people want to buy homes for a comfier work-from-home lifestyle while taking advantage of low mortgage rates, but scarcity of supply is driving up home prices.

This imbalance in supply and demand is making the real estate market so wild that some people are selling their homes for way over asking prices as dozens of potential buyers make all-cash offers, like at this home in Washington, DC, as Insider's Monica Humphries previously reported.

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