I have talked to a number of agents (all with different firms and who work in different markets) who have held open houses over the past two weekends. Without exception, all have reported an increase in traffic from open houses held before the holidays. Personally, I have seen formerly reluctant clients making offers on homes. This is huge. Over the past several months, even well qualified buyers seemed content to 'wait it out' and no one was really out looking. Now they are not only looking, but actually writing offers!
I feel like we might be seeing the beginning or our Spring Market...
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