walkitout (walkitout) wrote,
walkitout
walkitout

Redfin Press Release about the housing market

http://www.marketwatch.com/story/homebuyer-demand-takes-off-in-january-with-home-offers-up-70-tours-up-58-in-redfin-real-time-demand-pulse-2013-02-06

"Particularly in Redfin's Southern California markets, bidding wars involving thirty or more offers have become increasingly common."

Oooh. That's gotta hurt if you're trying to buy. No inventory and too much competition. Maybe all that shadow inventory will finally get listed.

h/t calculated risk

Meanwhile, BloombergTV has been running a bit about Spanish home prices:

http://www.bloomberg.com/news/2013-02-06/spain-home-prices-halt-decline-after-dropping-36-straight-months.html
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