The housing market is so hot buyers are paying $1 million over asking price

What do homebuyers have to do to get a house in this cutthroat real estate market? Offer sellers a Caribbean vacation? Bid $1 million over the asking price? Pay a competing bidder hundreds of thousands of dollars to walk away?

What about buying two homes just to live in one?More from Financial Empowerment How much house can I afford?Believe it or not, these are real offers. And sometimes, they actually work."You hear about buyers throwing sweeteners into the mix -- wine, dinners -- to get the house," said Esty Perez, an agent with Knipe Realty in Portland, Oregon."Then, along comes a buyer that is like, 'Hold my beer.' Let me take this up.

I'll wait for the inevitable crash, thank you...

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