April was another strong month for home sales. That is according to the April 2021 data released by the Great Plains Regional MLS.
The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to submit offers on multiple properties before they are able to secure a purchase.
The Bottom line:
Housing affordability remains an issue while strong buyer demand and low inventory show no signs of easing soon. And this market trend is pointing to a continuation through…