The weather outside may still be cold and damp, but the real estate market is red hot.
Inventory (homes on the market for sale) is very low. February 2017 had only 623 units VS 920 units in 2016. There are more buyers looking at fewer homes.
Home prices are up 8.3% from March 2016 to March 2017 while mortgage rates hold around 4.125% Low interest rates are great, but rising home prices mean the average buyer can afford less house this year than last. Many buyers feel anxious about getting a house before the situation worsens.
Home sellers are getting 99.4% of their asking price. In many cases, sellers have their pick of offers and homes are going significantly higher than asking price.
Work with a savvy agent who knows the market and has an aggressive strategy to get that home under contract. Win the multiple offer battle and get the home of your desires.