Already Low, Housing Inventory Drops More

Moreover, inventories could rise in the coming year if banks begin to become more proactive in moving properties through the foreclosure process. Banks own hundreds of thousands of properties and millions more are in some stage of delinquency and foreclosure. They don?t cover all Homes for Sale, including those that are ?for sale by owner? and other properties that aren?t marketed through multiple-listing services. Over the past 28 years, listings have typically fallen by about 1. The largest declines were reported in Seattle (-10. Median asking prices track the midpoint price of all homes listed for sale and can be skewed up and down by the types of properties being listed in any given month. Our blogs do not require the use of your real name. Send tips, comments and questions to?developmentsblog@wsj. Homes for Sale