California Housing Supply Declines Despite Price Increases
http://www.teresagordon.net/articles/25/1/California-Housing-Supply-Declines-Despite-Price-Increases/Page1.html
Teresa Gordon
Over the last 10-years, Teresa has not only built and managed advanced business systems to handle her high-volume REO transactions, but she has also helped hundreds of other brokers break into the REO market to position their business for REO rapid and sustainable growth. Two years ago, she refined her REO rapid growth model and turned it into an advanced development curriculum that brokers of all levels could use to rapidly grow their REO business through the development and management of scalable systems. By Teresa Gordon
Published on 02/26/2010
California Association of Realtors (CAR) reported that in spite of a 15% increase in median price for existing homes, the state's housing supply continues to decrease
California Association of Realtors (CAR) reported that in spite of a 15% increase in median price for existing homes, the state's housing supply continues to decrease. The companies unsold inventory index, which represents the number of months needed to off load the supply of existing, single-family homes on the market at the current sales rate, dropped to 5.8 months in January, a decline from 7.3 months during the same month last year. » Read More