Still a good time to buy?

With the sales of new homes in the US rising to the highest it has been in 6 years, the Triangle area is no different. I was asked today if it is a buyer’s or seller’s market today.  I replied to my client – I think buyers are still looking for good deals and not willing to overpay, but sellers are seeing better offers.  I have seen more multi-offer on properties this year than I ever have in my career.  The market has definitely improved, but buyers are still out for a bargain.  Interest rates are still at historic lows and are maintaining for the time being.  I am encouraging my clients interested in making a move to buy or sell now and take advantage of the low rates.