Inventory has almost doubled in my main area of expertise. Prices are up. Interest rates are up. Some buyers are still hoping for the 'deal of a century' to pop up. Yeah, keep waiting.
At any rate, this morning I read an article that talks about the obvious fact that with all of these points, it should get a bit easier for a buyer to find a home they love and not get beat out by 14 other buyers!
Maybe by one, or two, but not a dozen. That note needs to be brought to sellers attention as well. You won't have those 12-14 buyers writing an offer, sight unseen, the first day it goes on the market.
So, for my buyers, you'll find your home with a little less frustration this year. And, sellers? You best be pricing your home correctly from the get-go or you'll be in our MLS' Price Change category with a red arrow pointing down instead of a pretty blue arrow pointing up!