Bidding wars still take place if the house is priced right. My buyers just called me and are hot to see a house that just came on the market, on July 25. Its priced right and I told them they better put an offer on it if they want it. I expect it to be under contract in the next 2 weeks, if not sooner.

Whats driving the inventory up, are the homeowners that think its 2004. They are asking crazy prices and its not uncommen to see homes that have been for sale for 18 months.

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