Tuesday, February 19, 2013

Housing Inventories Low, Drop Further in January

Housing Inventories Low, Drop Further in January
Salt Lake City Utah
“Bidding wars are becoming more common.” 

Inventory levels in 2012 reached an 11-year low and fell yet again last month, further limiting the number of homes for sale nationwide. Inventories of for-sale homes were down by 16.5 percent in January year-over-year, and fell 5.6 percent from December, according to the latest data compiled from Realtor.com.Read More...


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