Housing: It’s Becoming a Seller’s Market

Posted by Bonnie Martin Designated Broker on Friday, February 22nd, 2013 at 8:24am.


blogs.wsj.com - The National Association of Realtors said on Thursday what home buyers in many parts of the United States have known for months: it’s becoming a seller’s market.

The number of homes listed for sale in January fell by 4.9%, leaving 1.74 million properties on the market. That’s the lowest since December of 1999, when there were 1.71 million homes on the market. By contrast, there were 2.91 million homes on the market two years ago at this time.

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