Market of the Moment 6/25/2021

[Alan Walker]

Inventory remains above 300 which is progress. Days on market are still brief. I list a home about every other week, and I have noticed a reduction in the number of offers received. In March, I was getting 20-30 offers on a house. The last few, I’ve had 7-12. Still multiple offer situations, still going above list. The question is, are people winding down for summer or are people holding off on looking because they’ve been frustrated with the market? What do you folks think?