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But my friend got a great deal 2 years ago!
The housing market changes quickly. Sometimes hour to hour. I have a client looking for a home where it will be tough to find something based on his needs and ability to buy. Not impossible, but tough.
During our first conversation we discussed what he was looking for, got him pre-approved by a lender, and I started looking. My new client told me he had a friend who got a great deal 2 years ago and that's what he wants. Me too.
The current local market is now in a sellers market. We have too few sellers being chased by too many buyers. This forces prices up. Most of the "Deals" were taken by investors several years ago, wiping out the low end of the available inventory. Many of the deals have moved to the higher price points.
The market is tight right now for buyers in the under $200,000 price points.
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