Greg Flaherty of Penny Realty shares insights on the current market, dispelling extreme predictions of a crash or endless price hikes.
Through recent experiences, he highlights how even offers $70,000 over asking aren't always enough in this competitive market. He notes that top-tier properties are seeing intense bidding, while others with flaws struggle.
Flaherty also forecasts a 3% increase in home values over the next six months, supported by reliable industry sources. On the rental side, prices have softened slightly, with more options available for tenants.
For a deeper dive into his analysis and predictions, watch the full video!