livermore pending properties: Livermore Homes Are Selling
- 05/15/09 07:32 AM
Price is king in the market right now, and as home prices have dropped, unit sales in Livermore have clicked up significantly, as evidenced in the graph below, comparing pending properties, year over year from April 08 through April 09. Sales are up 28% from this time a year ago.
In someprice ranges, buyers demand is outpacing inventory levels, leading to multiple offer situations. The nature of supply and demand predicts that as that happens, prices level off and then slowly begin to rise unless the supply returns to a more normal level. The entry of short sales and foreclosed (0 comments)
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