Is the market going wild???

[Brandon Elliott-Pandey]

As a Realtor, I am seeing inventory fly off the market in many cities and my buyers are having to fight to go under contract. Multiple offer situations, appraisal gap scenarios and even waved inspections.

For my fellow Realtors and investors out there... how are you all doing and how's your markets temperature?  

[Aristotle Kumpis]

I'm in the L.A. area and I'd say it's mixed. Some properties are selling in 1-2 weeks, and some are taking months to sell. I think some people are buying now because they fear prices will continue to rise over the next 12-months. I think they are correct.