Not enough houses for sale
I read this in the New York Times this morning. I know spring isn't here quite yet but wondered how home sales are going in other areas.
Surprise U.S. Housing Demand Catches Industry Off-Guard
March 20, 2013
"SACRAMENTO-After six years of waiting on the sidelines, newly eager home buyers across the country are discovering that there are not enough houses for sale to accommodate the recent flush of demand.
Ã¢ÂÂIn my 27 years IÃ¢ÂÂve never seen inventories this low,Ã¢ÂÂ said Kurt K. Colgan, a broker with Lyon Real Estate in the Sacramento metropolitan area, where the share of homes on the market has plummeted by one of the largest amounts in the nation. Ã¢ÂÂIÃ¢ÂÂve also never seen a market turn so quickly.Ã¢ÂÂ
A link that might be useful: