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September is pretty much the same as August. Overall there are a few more listings than in the past, but it is still a thin market. Buyers are still competing in multiple offers. Demand is still strong due to 4 factors: Affordable mortgage rates – interest is still under 4.5% on a 30 year mortgage […]

Sellers are beginning to put their homes on the market again. New listings rose over 20% from last year. We also have far fewer short sale listings and foreclosure listings. This means that the number of traditional seller new listings increased 55% over last year. We have a 17% increase of the number of closed […]

Sellers are beginning to put their homes on the market again. New listings rose over 20% from last year. We also have far fewer short sale listings and foreclosure listings. But even with the increase in traditional sellers, we are still far from a balanced market. We are still in short supply of homes for […]

June 2013 is setting records. Pending sales (houses that have gone under contract) is at the ihghest in 8 years. The number of signed purchase agreements rose more than 18%!! This is good news for sellers, and they have responded. We’ve had an increase of homes going on the market, but the buyers are snatching […]

Today’s market is difficult for buyers. The inventory is so low, and the demand is so great, that many houses are going in to multiple offers. In the past few weeks, I’ve written many offers that were in multiples, and have won several of them. There is more than just price that can win a […]