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Originally Posted by CarlR33

In the North it’s a sellers market because most home owners are sitting on low interest rate loans on homes that have appreciated in value the last few years and with low(or non existent) home inventory it’s a sellers market there. So those people are able to bring cash to a suppliers market here.

There may be assumable mortgages up there? Few homes are mortgaged down here.

Also, the chances of a “created” or built inventory surging are low in the winter months. There you have basically a fixed inventory that usually doesn’t see drastic changes.

Buyers are demanding inspections and repairs here before closing and prices are being negotiated down.