Competition in the U.S. housing market is fierce this spring, with surging search recordsdata from and document-low inventory. Essentially based thoroughly on valid property brokerage Redfin, the quantity of homes on the market is down nearly 50% year-over-year, and 36% of homes provided above listing stamp. CBS News industrial analyst Jill Schlesinger joins CBSN to be in contact about how sellers and investors will even be ready.
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