Inventories, Asking Prices Get a Boost
UncategorizedInventories of homes for sale nationwide increased 4 percent in April, but remain 13.5 percent lower than last year’s inventory levels, according to realtor.com®’s latest report. The number of homes for sale remains particularly tight out West. Inventories have dropped the most — more than 52 percent compared to a year ago — in Orange County, Calif. In Oakland, San Jose, Los Angeles, and Stockton, Calif., inventories of for-sale homes were down more than 40 percent year-over-year in April, according to the report, which reflects listings from more than 800 […]