February Market Update By Cory Brandt

Wednesday, February 19, 2020   /   by Cory Brandt

February Market Update By Cory Brandt



Inventory for Spring 2020 is almost half the amount it was in Spring 2019.

That has resulted in a crazy hot market for sellers.  When marketed correctly listings are selling for far more than they were just a few short months ago.  How long will it last?  That's the question.  Our advice is to strike while the irons hot.  

Buying in this market can be tough.  We just had a situation where a buyer released 1 million dollars to the seller (on a 1.8 million dollar property), and another where there were 11 offers.  Because of the limited number of houses available it is getting uber-competitive.  That said we're still winning on many because we know how to find the hidden gems, and we can take advantage of our reputation for being organized, doing professional work, and having prepared clients. 

I hope you are all doing well. Thank you for your support.  If we can help you or a friend, just give us a call.

Cheers,

Cory and Team


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