Valencia Homes, Valencia Real Estate, Valencia realtors, Valencia investment properties, CA homes, CA properties, LOS ANGELES homes, LOS ANGELES realtors, LOS ANGELES county homes, Greg Guinto, Guinto, Greg, Keeping You in the know, RE/MAX of Valencia, Buyers agent,Foreclosures, Foreclosures Valencia, Foreclosures Stevenson Ranch, Foreclosures Los Angeles, Foreclosures Saugus, Bank Owned Homes, Bank Owned Homes Valencia, High End Real Estate, Real Estate to the Stars, Celebrity Realtor, Celebrity Real Estate Agent, Realtor for Celebrities, SCV REOS, SCV, Bank Owned Homes, Foreclosures, Short Sales in Valencia, Short Sales Santa Clarita, Reos In Valencia, Bank Owned Homes Valencia, REOS Valencia, REOS Stevenson Ranch, REOS Canyon Country, REOS Newhall, Erik, Cabral, Erik Cabral, Investment, investment properties, great deals, bargain deals, smart investment, below market value, priced low, smart choice, beverly hill reos, reos beverly hills, hollywood hills reos, reos hollywood hills, bank owned homes beverly hills, beverly hills bank owned homes, bank owned homes hollywood hills, hollywood hilss bank owned homes,
Welcome
Helpful Info > Weekly Real Estate News
ZipRealty Reports Inventory Declines
ZipRealty reported that the number of homes for sale nationwide declined by nearly 5 percent in December.
Markets with the largest inventory declines compared to November included Boston, down 13.3 percent; San Francisco Bay Area, down 12.1 percent; Denver, down 9.2 percent; Minneapolis-St. Paul, down 9 percent; and Seattle, down 7.9 percent.
The data was compiled from multiple listing services in the markets where the real estate brokerage does business.
"Seasonality and the heavy activity by first-time home buyers in October and November, who were rushing to take advantage of the tax credit, impacted housing inventory in December," ZipRealty CEO Patrick Lashinsky said in a statement.
