Coldwell Banker Premier Realty

Inventory Continues to Decline, Sale Prices are on the Increase

Recent price pressures have yet to manifest in Case-Shiller Numbers
Posted by John McClelland on May 29, 2012 in  Case Shiller  FNC inc  Sale Prices
Today Standard & Poor's released the Case-Shiller home price index numbers. Recall that these tabulations end March 2012, a substantial lag. As I write this, there are just over 4,000 single family homes on the market that you can go buy today. That is just over one month of supply and is not being replenished quick enough. Further, when you slice up the inventory to what you might actually be targeting, homebuying this summer became much more challenging. We have a price per-square-foot index for the Las V... read more
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