Housing inventory was at its lowest point of the year over the holidays. While properties went pending quickly with multiple offers, there weren’t many to choose from. Not to worry, new homes are coming to the market daily and many more are being prepped to come soon! The competition among buyers remains fierce with properties continuing to sell well over their asking price.
Buyers, if properties are still setting record prices, how do you know what price to offer? Looking at recent sales will help but working with a well connected agent is crucial. Find someone who can help make your offer competitive by a) learning what terms the seller is looking for and b) understands the buyers you are competing against.
