Red hot real estate market brings opportunity for sellers, pitfalls for buyers – WXYZ Detroit

If you are trying to buy a house, brace yourself.

Interesting and at times heartbreaking.

Graham, an associate broker at Howard and Hanna, has been a real estate agent for 25 years.

For example, we found a home that had only been online for two days and wanted all offers in by the end of the week.

But when will the market correct? With inventory still low, it could be a while.

Another tip from realtors: if you’re looking to buy a home, try to get into a house before it goes on the market to avoid a bidding war.

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