There are about sixty days left for first time Buyers to find a house and get it under contract.  The deadline for the $8,000 Federal Tax Credit to first time Buyers is a huge success.  Now (August) the higher priced homes are selling because all those Sellers of the first home price range are moving on up!! 
Again, as in the 1980's and again in the 1990's Real Estate is raising this country out of financial difficulty.  The media doesn't report it this way but it is true.  When the housing market flourishes, the economy recovers and gains strength. 

As the Tax Credit program is winding up, there are tens of thousands of first time Buyers who have waited until this last couple of months.  They are showing up in every market across the fifty states.  This is causing multiple offers and Agents writing offers on one property after another for the same Buyer.  And the frenzy will increase once we enter September and people get out of their summer mode. 

It behooves Agents to tell Buyers at open houses, to tweet, blog, to call their spheres of influence, and communicate in every way that the sooner Buyers buy the less competition there will be.  Waiting will lead to paying a higher price with less choices and more stress.  That is already happening in many markets.  There has never been a time when the Agents could more sincerely tell people to BUY NOW!

It is also the time when the mid to higher priced homes will be seeing a lot of activity from those Sellers mentioned above.  So, it is also the perfect time to be telling Sellers that there is a bubble of activity that may attract a higher price than they may see after the after the Tax Credit expires.

Agents... Get active, now.  There is a lot of opportunity out there.  Get your piece of it!