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Lack of Inventory leads to Decline in Pending Homes

By Lisa Schoenhouse

Real Estate Agent with Parks Real Estate BRE# 01420876

March 27, 2017 12:51 PM

Bay Area Pending Home Sales Slide for the Fifth Straight Month

Pending home sales dropped statewide and in the Bay Area in February due to an all-too-familiar culprit: extremely tight inventory. Get the story at http://pacunion.us/2mumm0C

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William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

It has also lead to higher values and multiple offers on most listings.

Mar 27, 2017 01:00 PM

John Pusa

Glendale, CA

Lisa Schoenhouse Lock of inventory problems are in many areas.

Mar 27, 2017 05:04 PM

Troy Erickson AZ Realtor (602) 295-6807

HomeSmart - Chandler, AZ

Your Chandler, Ahwatukee, and East Valley Realtor

Lisa - Having a lack of inventory does tend to lower the number of homes sold. On a positive note, homes are increasing in value, and the homes that are listed are selling fast and at top dollar.

Mar 27, 2017 06:52 PM