Inventory is dwindling
1538 Sq. Ft. 3Bed/2Bath $225k
I don’t know about you in your neck of the woods but the inventory of homes in my neck of the woods is becoming less and less. Is it a sign that we are on our way to a bit of stabilization or is it the calm before the storm.
It’s true that banks and financial institutions have been told to pull their proverbial heads out and start working with the homeowners who actually want to save their homes and credit. Of course that says or does nothing with the droves of homeowners that just turn their backs on home ownership simply because their property isn’t worth today what they paid for it yesterday. Like that has never happened in a Real Estate market before.
I would love to hear from people around our wonderful nation about how the Real Estate market is doing in their area. For instance I have heard from various professionals in the San Francisco and East Bay markets that have not experienced the down turn in home values as we have here. that is not to say that values have not decreased, they have, just not as much as the market I play in.
So if you would, take a moment and chime in.
Kelly…
Comments
Leave a Reply
