Thursday, November 15, 2012

Home Inventory - the lowest in 3 years

In Clark County/Vancouver, Washington we are experiencing the lowest inventory in homes in the past 3 years.  If these trends continue, prices will rise due to a lack of homes.  Of course there is always the problem of the appraisal should the prices begin to rise. 

I would love to see more inventory, so we can keep a good steady Real Estate Market here and not get into the multiple offer scenario of 2004 and 2005.  We now have a 4.7 month supply of homes on the market..

No comments: