04/03/2015
Great article on why we're experiencing a plunge in home sales lately. It's not due to demand, but rather supply. There's just not enough homes for sale to meet current demand. Sellers are controlling the market!
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http://www.sfgate.com/business/networth/article/Why-are-so-few-homes-for-sale-in-the-Bay-Area-6148973.php -7689665
The Bay Area housing market has also been suffering from an inventory drought. Real estate activity always slows in winter, but the number of homes and condos sold in the Bay Area in January and February were the lowest in seven years for those two months, according to CoreLogic Dataquick. On well-l…