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It’s a great time to sell a house, and for the same reasons, it’s a tough time to buy one. Nonetheless, they’re selling like hotcakes, “everything from McMansions to double-wides,” according to Don Fenley, who analyzes local housing, economic and demographic trends at Core Data (donfenley.com).
Prices of houses — even the lumber used to build them — are skyrocketing. Demand is high, and because housing inventory in the region is low, prices continue to climb. Buyers are competing for the same house, says Town & Country Realtor Sharon Duncan. People are bidding up to $40,000 over asking prices. “When listings go on, you’ve got to be ready to . be there with your client,” Duncan said. ....

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