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Not extreme but definitely a sellers market.
Nina Hollander, Broker
Completely --- have not prepared an offer for a home without 10+ offers, and some with 20+.
Good morning Michael. Not the case in my local market, just the opposite as a matter of fact.
Extreme, no Michael but it is not balanced over here.
It may not be extreme but its a steady Eddy sellers market!
Not extreme, but a strong seller's market. And landlord's market too! Rents went up almost $200 in one year. Thank you SoCal Gas and Porter Ranch!
Can't wait to see what will happen to rents now that minimum wage will be $15/hr
Not extreme but any seller of a good property that is priced right will have a lot of showings and probably offers.
Not even close.
I feel it is creeping up to extreme. Low inventory and very little "quality" inventory out there. Seeing well maintained houses that are priced right with multiple offers in days. Buyers have got to be quick! Hopefully inventory will pick up soon.
I think that was a few months ago and now it has returned to more of a buyer's market.
It's a great market here for both sides
nope. last check we had about 24 months of inventory.
Yes, in both San Diego and Sarasota
Many home owners are selling but there are many renters wanting to buy. When they looked at the price they froze. What is left is the lookies. They approach you would like to buy with a greedy attitude. Most are not worth your time...
I don't think extreme, but it is a sellers market indeed here. Homes that didn't get a sniff last summer have sold within a week (not necessarily multiple offers)
No, not here, most of those are in larger cities.
Sellers Market under $1 million, buyers market above 1 million, except new construction. We just launched our first Super-luxury tower in Downtown called Pacific Gate, minimum buy in $1million for no frills low, floor, no view. It sold $100 million worth of units in the first 2 weeks!
Not extreme but definitely seller's market in many areas, not all
not so extreme anymore, but it's still a seller's market....
No, can't decide what kind of market this is. Low inventory - prices stagnant - average days on market around 70. Unknown market name.
Seems to be here in the Sarasota area!
If it is priced correctly; yes.
it depends on where in the DC metro market you are looking - in the suburbs not the case.
We have a very hot market.
In some areas, but not as bad as some areas that I have heard about.
Very much so in some pockets of Charlotte area, where we have just over one month's worth of inventory. In other poclets it's just a solid seller's market.