For the realtors out there…if the market has picked up this spring, just curious from your perspective, who are these buyers? Are they people with foreign money (therefore our prices seem cheaper to them)? Or are these people that have been priced out and so now are jumping in as they think they can get a ‘good deal’? Or is it just the normal diverse buying pool?
From my small corner of the world, I did know 2 people that were selling and in the process of looking for another home, in otherwords upgrading. The timing was simply that they felt it necessary for family needs and felt the pricing right now was doable.