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Home sales: Is a ’seller’s market’ pending?

Posted on 28 February 2013

Pending home sales and existing home sales are rising, which is shrinking the inventories of available homes. Some experts are now saying the unthinkable: A seller’s market is pending.
After a six-year free fall in home prices and a modest rebound, real estate agents are beginning to mouth a phrase that until now was taboo during the housing slump: “Seller’s market.” Existing home sales are up. Pending home sales – sales that have not been finalized – are the strongest they’ve been in nearly three years………………………………………..Full Article: Source


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