“You can’t buy a home that’s not for sale.”


Mitch Roschelle, partner at PricewaterhouseCooper, which focuses on audit and assurance, tax and consulting services, posted on Twitter “Like I have been saying – you can’t buy a home that’s not for sale.”

But despite the low pending home sales report, another expert disagrees with that notion, claiming the upcoming Spring home buying season will be hotter than ever.

“Based on realtor.com’s inventory and traffic in February, we are anticipating another month of record prices, record low inventory, and record inventory movement,” company Chief Economist Jonathan Smoke said. “Buyers have started the spring buying season early to get their dream home before competition grows in the traditionally stronger spring season – but competition is already heated and will only continue to become more intense.”

SOURCE: Housing Wire