It is an absolutely seller' s market. Now. We are seeing a large number of offers on most desirable properties, and most of them are above asking price.
In my office, we submitted offers at asking and at over asking, and we were turned down still.
last week, we matched an offer price with no contingencies and cash purchase and closing within 2 weeks, and we still lost to another buyer.
If this is NOT a seller's market, then I don t know what we shall call it.
Buyers, if you see something you like, grab it!!