The housing market is showing a split: Sales of existing homes were down last month, but sales of newly built houses were up.
"It makes it really challenging for buyers in this marketplace. There's a lot of competition," says Michael Fischer, president of the Atlanta Realtors Association.
"Even when you're comfortable with the pricing, when you're actually in the market and you start making offers, you realize there's a lot of other buyers in the same position that you are," Fischer says. That's in contrast to the early days of the COVID-19 pandemic, when buyers were stuck in their houses and demanding as much space as possible.
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