We did a basic open house run today, just to see how the action is compared to other weekends and months.
It looks to me like things **might** be slowing down a bit. I still think February was HOT as far as buyer traffic was concerned, but March & April saw the pendings & sales really rise (from the few No. County areas we track).
OTOH, it looks like new listings aren’t coming on quite as quickly as they could. Most of the homes that were active listings in February have sold — particularly anything even resembling a good deal.
BTW, there might be a reason we are seeing banks sitting on empty houses. Will post on a fresh thread later…
