From Realtor Magazine Online, Daily Real Estate News March 11, 2008
The inventory of homes for sale in major metropolitan areas grew just 1.2 percent in February, according to ZipRealty, a national brokerage doing business in 29 major cities.
The inventory was up 17 percent from February 2007 in 18 metropolitan areas for which ZipRealty has comparable year-earlier data.
Here’s an alphabetical list of the increases and decreases in February 2008 compared with January 2008:
Baltimore: -0.6
Boston: +3.7
Chicago: + 2.7
Dallas: -0.2
Houston: +0.7
Las Vegas: -4.4
Los Angeles: -0.4
Miami-Fort Lauderdale: +0.9
Minneapolis: +4.4
Orange County, Calif.: +0.1
Orlando, Fla.: -0.3
Phoenix: +0.6
San Francisco Bay: +4.8
Sacramento, Calif.: +2.7
Seattle: +5.4
San Diego: +1.4
Tampa, Fla.: -0.1
Washington, D.C.: +2.7
Source: The Wall Street Journal, James Hagerty and ZipRealty (03/11/08)
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