In the last 3 weeks, it all seems to have changed. High demand and limited inventory have set the 2021 market off to a heated start. We have seen the return of multiple offers, competitive bidding and homes selling over the list price, sometimes by hundreds of thousands.
These signs only emerge when a market changes and are key real-time indicators of market conditions....and often far more insightful and reliable than those market reports that come out every quarter that usually reflect mostly closed sales that happened many weeks or months before.