Today I’m talking about the hot and heavy real estate market. It is still a seller’s market out there; supply is low and demand is high. The panic buying is over, in my opinion. People are no longer buying out of fear or irrationally fleeing to the suburbs and making crazy offers.
If you’re considering listing your home, you still need to list it smartly. You need to list it at market value. Even without the panic buying, we’re still seeing a lot of bidding wars, but it’s not as hot and heavy as it was a few months ago. I expect this to continue for the next 12 months.
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