We are moving into a very unusual time in the housing market. The number of unsold homes on the market has increased 500 percent in the past year. In fact, the amount of available homes is the highest it’s been in seven years. That’s why it’s super important that you not buy a new home until you’ve sold the one you’re in right now. It’s especially dicey for condo owners right now. So many condo complexes have been built that existing owners are having terrible problems selling them. On the other hand, if you are thinking of buying, you can get some great deals. There are going to be some steals in the condo market, but you need to wait just a little longer.