The year started hot for the real estate market. And the second quarter of 2021 continued these trends as low inventory, rising median home sales prices, and fleeting time on market put sellers in the driver’s seat. Realogics Sotheby’s International Realty examines five key markets each quarter to find out where the market has been, and where the trends might lead us next. A lack of inventory has been apparent since the height of the pandemic, and while more sellers are entering the market, the need of buyers didn’t diminish in Q2-2021 as mortgage rates hovered near historic lows and competitive offers escalated sales prices. Whether a seller preparing to list your home and receive the best possible offer or a buyer seeking your next opportunity, with the right advisement, preparation, and marketing, which you can find with an RSIR global real estate advisor, it’s still a great time to enter the market.