There are now about twice as many working real estate agents as there are listed homes.
“I have been in the business for more than 30 years and I have never seen a market that has been this hot,” said Glenn Brunker, president of Ally Home, which provides mortgage services and products.
He often recommends taking a pause and doing a little soul searching.
“Take a look at your income stream, your employers, the location you are considering buying a home and make sure that the stability of your personal situation is one that warrants homeownership,” Brunker said.
If you are ready to buy, here’s advice from experts on how to navigate the market right now.
Full article at CNBC.