Wednesday, February 27, 2008

Things are Heating Up

I wish I was talking about the weather heating up. It was cold today, never getting out of the teens. But it was pretty! The overnight snow really stuck to the tree and so I drove through Highland Park and grabbed a few shots.

Real estate does seem to be heating up. Two weeks ago I lost a deal to multiple offers. There were three offers, including ours. That hasn't happened in a while. I talked to an agent from my office yesterday. He wrote and offer for a client and had competition. Lucky for them, the seller decided to work with them.

Tomorrow I'm going out with a buyer. It's been tough getting appointments. One property that we were very anxious to see has only been on the market 3 days but it has two offers. There were a couple of others that we requested appointments for but they were already sold.

Is the pendulum switching back to a buyer's market? Or am I just having crummy luck right now?
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