Thursday, August 13, 2009

Active Cache County Listings down to 808

The number of active listings of homes for sale is dropping steadily.
We're now down to 806 active homes for sale in Cache County, down 50
homes since the peak less than a month ago. Less inventory is
essential for pricing stability. This is good news for home sellers
and real estate owners in general.

While the number of home sales is rising, the number of homes requiring short sales has risen. There are now nearly 40 short sale homes in Cache Valley.

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