The spring real estate market is kicking into high gear, but you’ll be forgiven if you didn’t notice. There’s not a flood of inventory hitting the market, and buyers are struggling to get their offers accepted in a crowded field. Locally, buyers and sellers seem to be stuck in the same cycle that’s dominated the past few years: low inventory, high prices and fast-moving sales.
Local experts say they are getting used to the market conditions, but that doesn’t make it any easier on them or their buyers. On the other hand, sellers may be enjoying another year of high demand.
Kris Sagan has been working with REMAX in the Village for 22 years. The Realtor says of this year’s market, “The spring market is similar to last year, and the previous year. In fact, this goes back to Covid times. The lack of inventory continues to be one of the main issues.”…