Housing Supply and Demand Nearly Balanced
For the first time in eight years, the overall U.S. housing market is experiencing a rare balance between home buyer demand and home seller supply, according to HouseHunt’s latest “Current Market Conditions†quarterly survey.
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I’d recommend taking a look at the linked report above and while you’re at it, take a gander at their website. There are markets reports for many individual cities as well as an on-line home value model at www.homevaluehunt.com.