Friday, August 04, 2006

Expired listings: Continue to grow











Contra Costa and Alameda Counties: The combination of expired listings and withdrawn or canceled listings continued to climb higher in the month of July. There were 6,012 units of properties taken off the market in July. Nonetheless, despite this record number of listings being removed from the market, the inventory level continues to grow. This indicates a widening imbalance between the increasing supply and the diminishing demand.

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