Home Inventory Drops
January 4, 2007
In November, the number of U.S. homes on the market in 18 metropolitan areas decreased 4% from the month earlier. The change is positive news for the housing market which has seen a slight falling of prices in some markets because of the abundance of homes listed for sale. National inventories of previously occupied homes for sale normally drop 2% in November from the month before. This is an indication the market is regaining strength and a window of opportunity for buyers to make their purchase at the low-end of a downward cycle.
Posted in All Things San Diego, Real Estate
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