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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (1692)	6/8/2013 2:12:23 PM
From: Smart_Asset	Read Replies (1) \| Respond to of 2722

<<The low inventory has been consistent for at least 2 years>> Here's a graph showing national housing inventory which bottomed January of this year. Real estate is supply and demand driven and the limited/low supply is the current primary driver. That supply/demand ratio is currently reflecting very low inventory relative to all previous years on the graph. Other factors contribute. Housing inventory for all metro areas tracked, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 1,560,162 in October 2007. The lowest housing inventory level seen was 648,938 in January 2013. National Housing Inventory