Although spring time seems to get further and further away, the spring housing market is underway.
According to The Globe, Brokers expect a competitive market this spring. With more buyers than listings in Boston, and housing prices and interest rates at an all time low, this is the time to buy -- and everyone knows it.
As the economy continues to improve, buyers are scouring listings, often finding themselves in bidding wars. The Globe article cautions sellers, however, not to get too greedy even with multiple offers. Properties tend to loose their shine, and the more days on the market, the less attractive the property is to buyers.
For details about this phenomenon: http://bo.st/ei1lcj
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