Many desperate sellers took their homes off the sale lists in hope to sell it when the usual springtime rebound comes. This process made inventories decline.

It soon will be a time to list the home for sale for the first March show-off. But some sellers are a little bit ahead of the time. Take a look at the housing tracker. Almost all major cities posted a visible increase in inventories for sale last week. Just the biggest ones:

  • Atlanta, Georgia +3.9%
  • Austin, Texas +0.1%
  • Boston, Massachusetts +3.0%
  • Chicago, Illinois +2.6%
  • Dallas, Texas +2.9%
  • Detroit, Michigan +2.0%
  • Houston, Texas +2.5%
  • Indianapolis, Indiana +2.0%
  • Jacksonville, Florida +2.5%
  • Las Vegas, Nevada +2.6%
  • Long Island, New York +3.1%
  • Los Angeles, California +1.5%
  • Miami, Florida +2.9%
  • New York City, New York +2.3%
  • Philadelphia, Pennsylvania +2.0%
  • Phoenix, Arizona +3.5%
  • San Diego, California +2.1%
  • San Francisco, California +4.4%
  • San Jose, California +3.9%
  • Seattle, Washington +4.8%
  • St. Louis, Missouri +7.0%
  • Washington, DC +3.9%

No matter the weather is getting worse… I expect this Spring to be spectacular for Real Estate.

Advertisements