Buyer boldness upswing- Boom!

[Chad McMahan]

Last week and this week, I've been seeing a significant upswing in buyer activity, which is reducing inventory. My listings have all gone into contract and my buyers have almost all pounced on high cash flow STR (short term rental) opportunities. Are other realtors and investors feeling this as well?

I expect this to be temporary, but it's nice to see it. I forecast another downturn of 10-15%, stabilization, and then a dramatic appreciation and boom of activity.