Pete said that it's crazy how the real estate market is going right now.
I just wanted to chime in that here in Houston, as an active home buyer, it's also just as nuts. A house will hit the market on a Tuesday, and by Wednesday it has an offer. Usually in the 150k - 250k range. Higher priced homes do sit a bit longer, but on average, MLS shows an average listing time of less than 20 days in the last 5 months.
I've been through quite a few real estate transactions in my life, both as a seller and buyer. This current market is fire, at least, from what I can tell, in Houston and Orlando. I imagine it's the same across the country.
Anyway, just wanted to respond to Pete's comment about the market. If you're looking to buy, NOW is the time. Rates are lower than even after the 2008 bust. If you're looking to sell, you should have an EASY time moving your property.
Disclaimer: I am not a licensed realtor, just an observer, who has had 3 houses yanked out from under him literally minutes before I was ready to make an offer, and the listing was 1.5 days old.
I just wanted to chime in that here in Houston, as an active home buyer, it's also just as nuts. A house will hit the market on a Tuesday, and by Wednesday it has an offer. Usually in the 150k - 250k range. Higher priced homes do sit a bit longer, but on average, MLS shows an average listing time of less than 20 days in the last 5 months.
I've been through quite a few real estate transactions in my life, both as a seller and buyer. This current market is fire, at least, from what I can tell, in Houston and Orlando. I imagine it's the same across the country.
Anyway, just wanted to respond to Pete's comment about the market. If you're looking to buy, NOW is the time. Rates are lower than even after the 2008 bust. If you're looking to sell, you should have an EASY time moving your property.
Disclaimer: I am not a licensed realtor, just an observer, who has had 3 houses yanked out from under him literally minutes before I was ready to make an offer, and the listing was 1.5 days old.