How’s The Market?

We are well into the first quarter of 2015 and in many ways, it looks similar to last spring: low inventory, low interest rates and strong demand.  In January 2015, only 17 single family units were sold and there was only a month of inventory available.  If you’ve been to open houses, you have seen they are well attended and homes are still selling quickly, usually in under 30 days.  What does this mean for this Spring?  The tell-tale signs are that the market will again be hot.  I am already seeing multiple offers and it’s not even Spring yet. I personally don’t think we’re going to see the crazy overbidding that’s been happening the last few years but it looks like it will be a brisk market again.