Currently, we have a shortage of homes on the market, and many buyers waiting for good properties to buy. Once a house is on the market it sells almost immidiatly. We are seeing many multiple offer situations.

 

My advice to sellers: Now is the time to sell! Prices are competitive, and with the interest rates low, buyers are ready to buy. Expect to have many offers to chose from.

 

My advice to buyers: With so little houses on the market, expect a competitive market. You should see a mortgage lender first, and see what price you want to start looking in. It would be a good idea to get a pre-approval letter from your lender. It will strengthen your offer to present that with the offer.