According to the National Association of REALTORS®, housing prices are increasing across the country as the number of homes for-sale continues to fall. But at a time when buyer demand is picking up, why is inventory still so low?
The NAR disclosed that the inventory of homes for sale fell to 1.82 million at the end of last year, a 21.6 percent drop from one year earlier.
A recent Wall Street Journal highlighted several possible reasons behind the dropping inventories, including:
Posted by Scott Lodde on 2/2/2013 12:33:55 PM 0 Comments