Frenzy Cruise 4
It would be natural to assume that the insanity will settle down and buyers will stop feeling the need to drastically overpay, but who knows? The desperation isn’t going away.
It would be natural to assume that the insanity will settle down and buyers will stop feeling the need to drastically overpay, but who knows? The desperation isn’t going away.
Donna asked what sellers might think about his video.
I hope they think that old Jim the Realtor is tracking the market closer than anyone and would be the ideal listing agent because of how he is able to utilize this research to take advantage of the market at hand:
Of the NSDCC detached-home sales in February, 60% of them closed above their list price. The majority of buyers are doing it, and we can expect the trend to continue!
But how much over?
Here are five recent sales that demonstrate the insanity:
Here is some of the evidence of what’s been happening lately: