Local inventory plummets 45 percent as sellers hold backJanuary 16, 2013 @ 9:53 am
Inventory levels of for-sale homes at the end of 2012 were down 17.3 percent from year-ago levels, reaching the lowest level in more than five years, Realtor.com reported.
In the Seattle-Bellevue-Everett region, inventories were down 45 percent.
For-sale inventories dropped the most year-over-year in December 2012 in the following metros:
- Sacramento, Calif.: -68%
- Stockton-Lodi, Calif.: -65%
- Oakland, Calif.: -64%
- San Jose, Calif.: -52%
- Seattle-Bellevue-Everett, Wash.: -45%
- San Francisco: -43%
- Ventura, Calif.: -43%
- Riverside-San Bernardino, Calif.: -41%
- Los Angeles-Long Beach, Calif.: -40%
- Orange County, Calif.: -39%
Joining the LOB
It's never easy being the new guy, but Tharold Simon is already making his mark
Our phones entertain us, inform us and now might protect us
Pumpkin-flavored items are coming to store shelves whether it's fall or not
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.