“That’s the busiest February I’ve ever had.”
That from a Re/max agent I know that has been selling houses in Kansas City for 20+ years.
“Damn it!” (Sorry for the swear word.)
That from a real estate investor I’m working with who just missed his third property in a week because when we made the offer there was already another “just accepted” contract.
I have had two closings in the last seven days with two more still on the board.
I’m not saying it’s 2003 around Kansas City. I am saying people have moved off the sidelines and into the game. A BIG factor is the first time home buyer’s credit. First time home buyers are out and about in a big way.
And real estate investors are beginning to feel like we are at bottom (or close enough for hand grenades) that they are wanting in again. Though they are coming in a little lower on price point because of the larger required down payments necessary by lending standards.