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Pasadena's housing inventory has hit the lowest point in 2011. And, we are not alone. Wall Street Journal just wrote an article stating that the national housing inventory dropped to the lowest point of the year in August- down 1.9% from July 2011 and 19% from same time last year (data used Realtor.com). Pasadena is definitely following the trend, but our numbers are quite a bit higher. Take a look at the data below:
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