> And then you have to do it timely enough to beat other offers.

This is an understatement. My mother's neighbor sold their house within 2 hours of it going on the market and for $20k over the asking price just last week. There are realtors asking around my neighborhood if anyone is getting ready to sell because there are buyers looking to purchase in here. This is even with developments going up like crazy. This is in a northern state away from the big cities.

> Also, inventory is drying up because construction has been heavily affected by the pandemic.

Not around here.