Wow – I just started noticing that Realtors are starting to INCREASE some price points on listings that have already been on the market a bit.

See those 11 price increased listings?

This screen shot comes from the MLS desktop and it reflects the very tight inventory and almost frenetic activity of buyers, multiple offers, over asking price offers, all cash offers and other crazy stuff going on out there right now.

I’ve been mulling over with Leslie and trying to figure out what the election will do to our housing sector (President and Congress), the “fiscal cliff” issue, the end of the Bush era tax cuts (the Mortgage Debt Relief bill for short sellers) issue, the new regulatory rules of this summer’s national lender agreement with the government – the list goes on and on.

Who says life is boring…?