July was a busy time for real estate and August seems to be treading the same. Typically, we start to see a slow down as the temperatures rise and the new school year begins, but there is nothing typical about this year. In July, the Yeat-To-Date pendings ( under contract) were up 5.8% while the 2020 vs. 2019 July pending comparisons were up 31.4% — wow! Ask anyone trying to buy a house in ATX and they will tell you the struggle is real. Low inventory + high demand = multiple offers. Another reason to work with an experience agent, like myself, that knows how to navigate the multiple offer situation from either the seller or buyer side.
