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US Housing Market Sees Fewer Listings - 16% drop
March 16th, 2013 1:36 PM

Zillow reports there has been a significant drop in the number of homes for sale in the U.S. when compared to last February. The real estate research firm notes a 16.6% drop in listings, and experts say it’s a matter of too many people trapped with negative equity or afraid to sell because they won’t find another house they like after the deal is done. Experts say the problem will solve itself, however, as fewer homes are likely to drive up home prices, which will encourage more people to put their homes on the market.

 

 


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Posted by James M. Hanson on March 16th, 2013 1:36 PMPost a Comment

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