Housing Market Trends
Typically, the experience of buying a house is an exciting venture. However, when there is a low inventory of houses, the properties that become available usually go very quickly. This is especially true in sought-after locations, such as areas with great schools or those in close proximity to desirable amenities. Potential buyers are often pushed into making a hurried decision or they risk losing out to other players under such conditions. For more info, check out the below graphic.
Graphic created by New City Moving, affordable city movers in Chicago.