Inventory is up in Livermore, Real Estate stays level

There is currently 435 listings in Livermore right now. This is a true sign that inventory is creeping up, not so good news for seller's. With more houses coming on the market and demand staying flat, we could see possible additional price drops. I believe the sub-prime lenders have caused this and its going to take a few months to stabilize, we are sitting in a time where consumers are sitting around wondering what is going to happen next. Livermore can expect to be in a market that is very slow and the best priced houses will move, period. As a Livermore resident I can assure you this wont last, we are simply in a more normal real estate market.www.steveshomesearch.com