What a truly challenging time in the housing world.
The low national vacancy rate makes it difficult for renters in their search for a place to live and is also driving up rental rates.
http://eyeonhousing.org/2015/01/rental-vacancy-rate-at-20-year-low/?Uid=1234980753&MessageType=E
The low sale inventory also makes it challenging for buyers to find a place to live. We as agents are writing offers and are frequently in a multiple offer scenario. The last offer I wrote had 25 other offers!
What's happening in your market?
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