5,459,025
WHOA! 35 Offers? Holy guacamole! I don't think I've heard of having that many and have no clue how that spreadsheet would look!
-
Allie Angeloni
Oro Valley, AZ
-
Steve Higgins
Kelowna, BC
-
John Pusa
Glendale, CA
-
Bob "RealMan" Timm
Minot, ND
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
3,988,138
This market is a frenzy and some successful buyers are bidding it out of the park. It may come back to bite them.
-
Frank Rubi
Metairie, LA
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Allie Angeloni
Oro Valley, AZ
-
Steve Higgins
Kelowna, BC
4,334,361
John Meussner The inventory is very low in my area, and it is common for a listing to receive many offers.
-
John Pusa
Glendale, CA
-
Julie A. Black
Kapaa, HI
-
Frank Rubi
Metairie, LA
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,241,786
Inventory is starting to build because there is such a shortage of inventroy and some sellers are finally deciding it might be the time to sell.
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Brenda Mayette
Glenville, NY
-
Allie Angeloni
Oro Valley, AZ
-
Ron and Alexandra Seigel
Carpinteria, CA
1,251,662
In our area we do have a shortage. We have about 2 months of inventory
-
Steve Higgins
Kelowna, BC
-
John Pusa
Glendale, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Doug Dawes
Topsfield, MA
4,713,773
It depends. On the market. On a particular neighborhood. On the price range. On the specific type of property. It is not uncommon to hear similar stories to the one you share --- it can take a lot of patience to be a buyer sometimes -- let alone their agent/lender. Good luck to your clients.
-
Allie Angeloni
Oro Valley, AZ
-
Steve Higgins
Kelowna, BC
-
John Pusa
Glendale, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
6,651,722
It may change quickly, but I am happy with buyers fighting economic principles and continuing to drive up prices for a while longer.
-
Steve Higgins
Kelowna, BC
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Bob Crane
Stevens Point, WI
-
Debe Maxwell, CRS
Charlotte, NC
2,504,662
Wow, 35 offers John Meussner . No shortage here in Minot.
-
Steve Higgins
Kelowna, BC
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,277,568
Is the Pope Catholic?
-
Allie Angeloni
Oro Valley, AZ
-
Michael Jacobs
Pasadena, CA
-
John Pusa
Glendale, CA
-
Frank Rubi
Metairie, LA
-
Bob "RealMan" Timm
Minot, ND
809,308
Good for sellers but this market is exhausting for agents and buyers. That is a lot of paperwork! -Kasey
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
825,325
We know we have an inventory shortage. 1 of 35 now that is bad.
-
Bob "RealMan" Timm
Minot, ND
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,868,338
Yes in our area also. Can't ever do it up larger than CA with 35.
-
Michael Jacobs
Pasadena, CA
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
86,514
Tight Inventory? No kidding! Ten years afer the big crash we are in the new normal. One can look to many reasons why but the graph below is for Sonoma County, California--"Wine Country", one county above the Golden Gate and neighbor of the famed "Napa Valley" (but we have a coast!). Inventory down 76%, sales down 36% while our average price has soared to $1,444,000 and median at record high of $625,000. Tight huh?
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
280,599
We are not experiencing that except in lower priced homes. Rode through our neighborhood tonight and found 5 "coming soon" signs
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
2,228,728
Absolutely...
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
290,969
Absolutely John Meussner! We've had an inventory shortage last year, and this year it continues. Currently in our community, we have '20' homes out of 2500 on the Market.
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,150,530
At least in many areas and price points. That's the most I have heard about.
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,774,084
John,
Based on your example yes. A
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
3,417,876
Sounds about right ... fixers seem to draw more competition than turn-key. Investors and contractors are flipping like crazy!
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
5,584,178
OMG...that's absurd....why bother....
-
Nina Hollander, Broker
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
2,558,789
As with everything else real-estate related, this is a question that is definitely dependent upon the locality. Here, while inventory is on the lower end, it's nothing like that scenario you proposed.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
3,627,372
In some areas around here why yes, yes we do have a shortage.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
1,645,771
Fixer uppers are the most popular in my hood too. Everything that looks a bit lower than a market value gets a lot of attention, especially houses in good areas that can be expanded and improved.
-
Lyn Sims
Schaumburg, IL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
4,321,985
John Meussner - one of 35! I'd say we have excessive buyers!
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
2,703,077
That's insane!
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
1,259,458
That is the way it is. After raising two interests I hope things will be quiet for change.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
2,837,612
Only because of pricing mostly not product per se.....
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
754,423
35 is a lot. In our market, I heard of one brokerage receiving 42 offers on a property. The most we personally have had is 22.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
1,713,581
We don't get that in Oklahoma City but it is normal for many locations.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
3,986,423
We are not that bad but on the way.
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
1,006,523
We're still balanced over here
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
871,259
Most definitely!
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
424,750
Yes, Kauai is starting to experience the shortage too.
-
John Pusa
Glendale, CA
1,609,802
CA has been in an inventory shortage since 1999, it was just delayed in it's full impact by the crash, but it's simple math: more people are born into CA or relocate here than houses are built, hence a shortage.
Good to be a seller or landlord here, tough to be a buyer or tenant.
-
Allie Angeloni
Oro Valley, AZ
5,450,504
Thinventory is a growing issue in many areas with no immediate cure in sight!
-
Frank Rubi
Metairie, LA
4,434,227
8,113,999
5,980,163
35 is A LOT, saw up to 20 earlier this year. Definitely an inventory shortage!
919,313
1,534,054
3,416,322
It is mixed. Clean newer homes are a shortage here, but homes that need work , are becoming plentiful
2,244,757
4,800,282
5,170,314
1,157,841
3,074,289
1,748,677
1,618,024
921,504
Fixer uppers have always received an inordinate level of attention.
New builds are going to hit the market by mid summer.
Sellers will now have something to move into and this should create more movement.
2,182,383