I’m seeing a lot more listings in my hood.
But the ones that aren’t grossly overpriced go pending very quickly.
Seriously – after no action in my hood for a very long time, except some houses that had issues (on busy streets) that were priced as if they didn’t have those issues… stuff is coming on the market and selling quickly. I think the activity is driving more activity.
In the last 60 days several homes in a few blocks of my house were listed and went pending. All listed for prices higher than I thought they were worth.