Stale' Listings Are Finding Buyers: "A home that’s been sitting for 30 days is
more likely to be overpriced, in need of renovation, or have other problems that prevent it from selling." A limited number of homes for-sale has been plaguing housing markets for months.
And despite recent gains, for-sale inventories remain a big concern,
particularly when you "take the quality of the inventory into account," according to a new report by the real estate brokerages. The number of both fresh and dated listings remains low, painting a bleak picture for buyers in many cities. When new buyers find out they're going to have to beat other offers on the newer stuff, they adjust and start looking for things on the market, read more.
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