26.06.2012 - Housing inventory plunges in some places

In the Seattle area, it’s not unusual for there to be multiple offers on homes in the most popular neighborhoods. In Washington, D.C., some prospective buyers aren’t finding a home they want on the market so they’re online daily, hoping a new listing for a property with their requirements will appear. Even hard-hit areas like Phoenix and Sacramento have seen substantial decreases in for-sale inventory...............................................Full Article: Source

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