
Housing prices soar with a limited supply and increasing demand
Larry Miller has worked in the real estate industry for more than four decades, but he’s never seen anything like the current housing market. It’s “the most unusual market since I started in 1979,” says Miller, real estate broker and owner of Century 21 Larry Miller Realty, Inc. A limited number of houses on the market coupled with strong demand from buyers has caused housing prices to skyrocket. Because of this intense competition, buyers often offer to pay more than the asking price. Miller explains this trend will continue as