housing inventory in Lake Tahoe
Six Reasons Housing Inventory is declining
Submitted by Editor on Mon, 03/25/2013 - 3:56pm
According to a recent article in the Wall Street Journal there are 6 reasons why there is a declining inventory of homes for sale in the United States. These 6 reasons also apply to Lake Tahoe, on both the California side and Nevada sides of the Lake.
Their 6 reasons why housing inventory is declining
1. Many homeowners are underwater (owe more than their home is worth) so they are unlikely to sell until home values rise more than they have already. More than 10 million home owners are in this position in the US.
