Competition in this spring’s housing market is hotter than ever, thanks to high demand and record low supply.
Selling a home has likely never been easier, and while that may sound like great news for real estate agents, there is a problem: They are desperate to find listings.
“Frankly, this is not the time for amateurs,” said Dana Bull, a Boston area real estate agent. “This is the big leagues here.”
Bull has been in the real estate business for over a decade and has never seen it so lean. It’s not just Boston; nationally there are about half as many homes listed for sale right now without contracts on them as there were a year ago, according to realtor.com. The typical home is also now selling a week faster than last year.