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U.S. Real Estate Faces Lowest Inventory in More Than a Decade

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Mortgage Professional America | 03 Mar 2013, 10:25 PM Agree 0
Residential real estate has gone from dismal to a sellers' market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas.
  • ShaidaTafreshi | | 05 Mar 2013, 01:21 AM Agree 0
    sellers market, definitely. door knocking is making a comeback!
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