Wednesday, March 22, 2006

110,607 homes available 3/22/2006

Single Family Home 50,393
Attached Single Family Home 35,126
Multi-Unit Building (2-4 units) 6,440
Mobile Home 421
Vacant Land 6,364
Rental Unit 4,743
Deeded Parking Space 183
Multi-Family Building (5+ units) 1,169
Commercial Property 5,768

3 Comments:

Blogger PHX_renter said...

thanks for this info!! I was thinking that there might be a bubble in Chicago, so I might put off buying a house.

9:06 PM  
Blogger HomelessBubbleBoy said...

looks like on average the inventory is increasing at the rate of 1000 per day?!

10:08 AM  
Blogger Larry Nusbaum said...

I am not looking for the housing market to suddenly turn back up on a dime. Too much inventory to work through. Some of that inventory will drop off as sellers cancel their listings (or they expire) as they were unable to sell at prices that are no longer available. These are the ones who didn't have to sell, didn't have to move, didn't have a bad mortgage to refinance, but were willing to sell at inflated prices and didn't pull it off.

11:52 AM  

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