Real Estate Round-Up: Buyers, write your best offer
Last updated 2/10/2021 at 4:45pm
Being a buyer in this low inventory marketplace can be frustrating to say the least. Unless you are a buyer shopping above the $1,500,000 price range, you will be competing against many other hopeful buyers who want the same home as you.
Homes that are priced correctly, are sold within a few days, often for over the list price. Currently we have less than a half month's supply of homes under $1,000,000. Over $1,000,000, we only have a three months' supply. There are only 64 detached homes for sale in all price ranges. Historically, our normal is between 400 and 450.
The current situation is...