Inventory Reaches New Low In Coral Gables

January 17th, 2013 Written By Riley Smith

Realtors across Coral Gables are frustrated with the lack of inventory on the market.  The good news is that although the overall number of homes for sale is down, we are still seeing a lot of turnover.   New listings are hitting the market every day however they are getting snapped up quickly by motivated buyers who have lost out on other properties.

In this environment you have to be ready to act fast and put forth a strong offer if you want to secure a good, well priced property.  Earlier this week we had two groups of buyers who were involved in multiple offer situations on homes in Coral Gables.  In these scenarios it is helpful to know ahead of time whether or not there are other offers pending so that you can put your best foot forward.

If you are a buyer or seller and are looking for a Realtor who specializes in Coral Gables, please contact us directly at 305-342-1623 or send us a message here.

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Don’t Miss Today’s News From Our Other Real Estate Blogs:

http://www.TheRealEstateCoconut.com

http://www.BrickellCondoBlog.com

 

 

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