Housing Inventory Down 22% Nationwide

Washington-Jan. 24, 2012–Housing inventory slid to 1.89 million homes in December, down 6 percent from the previous month and 22.3 percent from the prior year, according to Realtor.com.

IN the 145 markets tracked by Realtor.com, only Springfield, Ill. registered a year-over-year increase. Inventories plunged 49.7 percent in Miami, 49.1 percent in Phoenix and 46.6 percent in Bakersfield, California.

Meanwhile, the national median price edged up 5 percent year-over-year.

Asking Prices-the amount sellers include on a Realtor.com listing-climbed 32.5 percent in Miami, 21.7 percent in Naples, 21.5 percent in Fort Myers-Cape Coral, and 19.4 in Punta Gorda, according to Realtor.com

However, asking prices were down 11 percent in Detroit, 10 percent in Chicago, 7.6 percent in Las Vegas, and 7 percent in Sacramento.

Source: “House Inventory Ends Year Down 22 Percent,” Wall Street Journal (1/19/2012)

Greater Pensacola, FL Real Estate Experts – Making It Happen for Buyers and Sellers!

Grand Realty is a greater Pensacola real estate company that opened its doors in June of 2003. We strive to help all of our clients with their individual real estate needs, whether it’s buying a home in Pensacola FL and the surrounding area or selling their existing Pensacola property.

We have approximately 30 agents with a wide range of specialties that include:

  • Pensacola new home buyers
  • Pensacola short sales
  • Pensacola Foreclosures
  • Pensacola Investment properties
  • Pensacola commercial properties
  • Pensacola vacant land
  • Pensacola water front properties

Grand Realty is also proud to say we have agents who are bilingual, Spanish and Chinese that are placed throughout a good majority of Northwest Florida including Pensacola, Milton, Pace, Navarre, Perdido Key, Jay, Cantonment, Gulf Breeze, and Navarre. The Broker of Grand Realty is also licensed in Alabama. Please feel free to email or give us a call, and from everyone at Grand Realty, thanks for your business!

Grand Realty
3806 Hwy 90, Pace, FL 32571
Office Phone: 850-512-1185
Office Fax: 850-512-1195
Email: Office@GrandRealty.net

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