Low inventory pushes multiple offers on real estate | Chappaqua Real Estate

The raw number of homes for sale is now at its lowest level in over 13 years, according to the National Association of Realtors, and the numbers continue to fall, CNBC reported.

“Every good property I’ve listed this year has brought 10 to 50 offers and sales prices 10% to 20% over comps,” said David Fogg, a real estate agent in Burbank, CA.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.