[quote=sdduuuude][quote=sdrealtor]Look at that inventory line dropping since last Summer.[/quote]
Yes – shrinking inventory for 12 months and since that time, prices are lower.[/quote]
Of course prices are lower. Thats what happens when distressed inventory gets cleared from the market. Whats out there since last Summer is sellers with no incentive to push for higher prices but rather incentives to get them closed this year to take advantage of mortgage debt foregiveness act. They are gone for the most part. Now what?