Thursday, September 15, 2005

Increasing Inventory

This is the first time in quite some time that I've written about increasing inventories. Of course, when inventories of available homes increase, buyer's have many more choices. This means homes are staying on the market longer, and prices are not increasing like we have gotten used to. As an example, at the height of homebuying season this past spring there were 30 condos available in Ventura, on average. Right now, there are more than 80 condos available for buyers to choose from in Ventura.


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