Buyers are overpaying, but are there signs of a bubble?

“It seems like the only move-up buyers who are confident enough to list their homes are those who are relocating to a more affordable area where they’ll have an edge on the local competition.”

“This is the strongest seller’s market since at least 2006,” Fairweather said. “Buyers outnumber sellers by such a huge margin that many homeowners are staying put because they know how hard it would be to find a place to move to.”

- March 18, 2021, 4:24 pm By Tim Glaze / HOUSING WIRE