Low inventory versus sellers market
There was a posting about low inventory a while back. This is an interesting story. I still content that this is NOT A SELLERS' MARKET because many wanna-be-sellers still cannot sell at the going price because they are under water. If you can't 'sell' and 'have to continue' making the mortgage so you don't ruin your credit or have to sell at a loss, that does not seem much like a seller's market to me. Yes, you maybe able to sell, which is better than not selling at all. So it becomes the question of how much money are you losing, a little versus a lot.
But, different people have different opinions. Many think that this is a sellers' market.