How do people buy homes??

Wife and I offered 15% over asking on a home listed today. We were the first private showing. Open house was supposed to be tomorrow. House is located in pretty much the middle-of-no-where in Pennsylvania. We told the seller we would match any offer. That’s how bad we wanted the home. The realtor said they would keep us in the loop.

Got a voicemail 35 minutes ago saying the sellers accepted an offer they couldn’t refuse. That was the first call we got since our original offer was sent over.

I hate this market. I’m done.