Good homes in short supply.

I've been in multiple offer situations on the last 3 transactions I've had, two of them with Buyer clients and one was my own listing. With my Buyers one property had 6 offers, the other had 3. It's been tough if you are a qualified Buyer. The inventory of good quality, well-priced homes is in short supply. In general, if a home is in really good shape and in a highly desirable area if it is priced right it will sell within the first week or so of being on the market. After 3-4 weeks the price will need to be reduced to attract the right buyer, the one who feels the price is worth what they are buying.