We have a lot of pent-up demand from some of the idiots who were priced out and are thinking that now is the opportunity to buy since prices have been taking a breather. Plenty of average folks still believe that they can get rich on real estate.
Most people don’t watch the market like we do and when they hear Donald Trump say that now the time to buy, they rush out and do it.
Plenty of professionals are saying “better buy now before prices go up again.” This is kind of phenomenon always occurs at the beginning of a downturn.