Is the Market Still HOT?
Many people watch the real estate market with great interest. It is fun to imagine what we could sell our homes for or to see what the houses near us are selling for. Without question, these past months have been some of the hottest months in real estate in the Lake Country in years. We have seen a much smaller inventory, which has driven the prices for what comes for sale up. On top of the increased prices, multiple offers have come in with greater than asking offer amounts, escalator clauses and no contingencies. Many buyers have thrown up the white flag for the moment in hopes “things will calm down.” [...]