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Reply to "Is there going to be a spring market this year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So few houses on market up to now. Doubt there is going to be a spring market...[/quote] Historically low inventory, historically high house prices, and historically high interest rate... What a wonderful combination![/quote] You do have some room for negotiations and don't have to go in multiple offer bidding where you only have hours to make a decision and waive all contingencies. [/quote] There’s still a lot of that going on. Read some other threads.[/quote] This is definitely still happening. I live in a relatively undesirable (bad schools) area of FFX Co and a house in my neighborhood went under contract with no contingencies over in 3 days last week.[/quote] If that's all true, how do you explain these charts? https://tradingeconomics.com/united-states/monthly-supply-of-houses-in-the-united-states-fed-data.html#:~:text=Monthly%20Supply%20of%20New%20Houses%20in%20the%20United%20States%20was,3.30000%20in%20August%20of%202020.[/quote]
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