Wednesday, February 08, 2006

3168 Listings on the Eastern Monmouth MLS

Last week the number of listings on the Eastern Monmouth MLS was 3126.

Inventories of houses are growing quickly all over the country. The Wall Street Journal had an article today showing the build up in inventory in 13 parts of the country. Washington DC had the highest one year increase in inventory from 7,047 last year to 17,561 currently, which is an increase of 149.2%. Year-over-year increases in other areas were:

Miami – up 98.3% to 18,299
Manhattan – up 86.9% to 9,130
Boston – up 67.4% to 9,375
NJ Suburbs of NYC – up 46.4% to 25,866

(The WSJ did not describe what suburbs make up NJ suburbs of NYC.)


Blogger chicagofinance said...

I have two - albeit the rates are teasers.....

Wednesday, February 08, 2006 8:28:00 PM  

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