Property is flying off the shelf so to speak, anything in town that is reasonably priced is selling very quickly...just put an offer in for a client that sold in a few days with multiple offers. Some would like to think this a bubble again but I believe the market is adjusting itself from how far we went down and how little inventory is out there as well as rising interest rates, the push is on for more listings, call me I will get your homes worth, the refi's are also going strong as people are now realizing we are moving up in rates rather quickly. The next big item I fear that will take the country is the HELOC or Seconds with life caps at the 21% range! More on that issue to come!
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