Click Here for the Video: Here’s Why the Real Estate Market is So Hot Right Now (3:45)

“If you look at the end of January last year, we had 9700 homes for sale, just under that. You look at the end of January this year, we have 3500 homes for sale, just under that, so that's about 64% drop in inventory in just one year.

What we haven't seen yet is that 'Mass Exodus' out of the city that some of the cities have seen. We've been talking with the President of our Boston Association because they haven't really seen that big push of people leaving, caused by additional homes, some of the vacationaries, the Cape, the Islands, the Berkshires..but they're keeping their places in the city so that they can go back to work once things start to open up.”