I saw a couple houses we may be interested in so I contacted the listing realtors and they both said it's been relatively quiet, and they both have been on the market for 30+ days and have reduced the asking price at least once.
Maybe the "hot" market is limited to a specific type (detached houses) in a specific price range of $400-600K. Both houses I enquired about were around $850K so I would guess much less activity in that range
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