Winning in a seller's housing market

Posted by Bonnie Martin Designated Broker on Thursday, September 13th, 2012 at 7:54am.


money.cnn.com - A growing number of shoppers are on the hunt, confident that the market has hit bottom, say brokers. Yet many would-be sellers are staying on the sidelines, either because they're underwater or because prices are still painfully low.

In June the number of houses listed for sale nationwide dropped 24% compared with the year prior, sending the supply of homes relative to buying activity down to levels not seen since 2006.

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