Home Prices Rise at Fastest Pace in Over Six Years

[Vovchandr]

@Boost Creep

Right this moment homes are selling like they did in 05. Its a major sellers market right now. There isnt enough inventory for buyers. If youre looking for a home anywhere in North/South colonie expect to pay asking price or be involved in a multiple offer. Homes are selling in DAYS. Outskirt regions are still holding value as well but not selling as fast.

Market is unreal right now. My phone has not stop ringing in 3 weeks.

Is it true that the FED is holding on to a number of foreclosed properties nationally to artificially make the market scarce?

You think this will all change once interest rates increase again?