Topeka houses in high desire and very low source. Industry experts provide alternatives.

Rose Hansen

Rigorous bidding wars, funds features, sight-unseen buys, houses on the market for less than 48 several hours — that is the fact proper now for homebuyers in the Topeka area. Countrywide information in current weeks has highlighted soaring residence prices, strong desire for serious estate and a low stock of homes for sale, […]

Rigorous bidding wars, funds features, sight-unseen buys, houses on the market for less than 48 several hours — that is the fact proper now for homebuyers in the Topeka area.

Countrywide information in current weeks has highlighted soaring residence prices, strong desire for serious estate and a low stock of homes for sale, and neighborhood markets aren’t immune.

In Shawnee County final month, houses sat on the current market for a median of two times — down from a median of about 8 times in April 2020. These kinds of quantities are becoming fueled by a community lack of homes for sale, and genuine estate professionals will not see the mild at the conclude of the tunnel.

“You can find a good deal of demand from customers. There is certainly just not a great deal of inventory,” said Linda Briden, CEO of the Sunflower Affiliation of Realtors.

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