TAKEAWAYS:
BUYERS: Lock it down before the ice melts. Things may not be moving in your favor, but the party isn't completely over yet.
SELLERS: Think it's not a good time to sell? Think again and get going. The season has already begun, and buyers are hungry for your "inventory".
The most immediate indicators of rising prices are experientially known only to active agents:
1. overbooked open houses
2.
multiple bidders,
3. emails from agents desperately seeking specific inventory
.
Well before the press or even the analysts report on what has eventually transpired, we have read the writing on the wall. All three of these indicators have been happening intensely for the past several weeks.