Great Wall Street Journal article on the "false buyer's market" being reported in many areas. Read the full story!
Here, locally we see simlar situations. Cream of the crop listings simply don't last! If it's in move-in condition, in a good school system and is priced fair, we are seeing multiple offer situations. (Hint to you potential Sellers out there, if you are even thinking about selling, now is great time to take advantage of the pent-up demand!). Inventory here in Ipswich is extremely low and we have a pool of buyers ready and waiting.
The question I'm asked most, "Is it time to buy?" as reported in another WSJ article shows the contrast between the national outlook versus the local markets, something I've been talking about for about a year now. Read the full story.