BLINDS WIDE OPEN -day 319 Multiple Offers

After almost 3 years of slow to moderate activity on homes, you now almost have panic buying in some price ranges. We have been in multiple offers and I am talking about 3 or more on a number of transactions lately. I wonder with the lack of inventory if this will be the norm through the summer or if inventory will pick up and calm things down a bit. I have to admit, there's a bit more excitement out there, but when you are representing a buyer in one of these, it's excruciating for them. Is this the beginning of a turn around? Only time will reveal the answer so I will revisit this in 6 to 8 weeks to see if the dust is still stirred or if it has settled. This is Dave, from The McLaughlin Group, keeping it real in real estate!