Low Inventories in Silicon Valley Push Buyers to Search for “Greener Pastures”.

The latest news is that much of the United States’ housing market is regaining a healthy balance between buyers and sellers, with economists forecasting slowed growth as inventories expand. A larger inventory means more choices and flexibility on pricing. Thus, a whole group of prospective buyers—previously intimated by (or squeezed out of) the market—stop toeing the edge of the pool and choose to jump in. Meanwhile, prices in parts of the Bay Area’s housing market have reached pre-recession levels—a fact… read more →