Spring Market - Inventory Down4/19/2012
As we enter the spring market locally, inventory levels are down 30-40% over 12-24 months ago. This is great for sellers, as it means less competition for their property. We are also starting to see situations of multiple offers coming in on quality, appropriately priced properties. Many buyers are discovering that they have to move quickly when they find a property that is of interest, or they might lose out to another buyer if they hesitate for long.