The Mary Mendoza Team

The last two years have been hard for buyers, to say the least. Reports of a buyer making an offer on more than 10 properties before they were finally successful were not unusual, nor was being beat out in situations where eight, 12, 15 offers were being made on the same house. Low inventory was primarily to blame for this and, in the first quarter of this year, concerns about anticipated interest rate hikes may have further fueled the red-hot seller’s market. Waiving contingencies such as … [Read more...] about Real Estate Inventory Rising