22.02.2013 - Housing: Itís becoming a sellerís market
The National Association of Realtors said on Thursday what home buyers in many parts of the United States have known for months: itís becoming a sellerís market. The number of homes listed for sale in January fell by 4.9%, leaving 1.74 million properties on the market. Thatís the lowest since December of 1999, when there were 1.71 million homes on the market. By contrast, there were 2.91 million homes on the market two years ago at this time. After adjusting for seasonal factors, home sales rose by just 0.4% in January, to an annual rate of 4.92 million units. Still, thatís up from 9.1% one year ago..........................................Full Article: Source
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