[xzins]

but, on the more positive side, the National Association of Realtors also blamed low inventories as the flow of distressed sales continues to ease, supporting a solid rebound in prices in the past year.

Perhaps someone should be making this public. It might get more houses on the market. My guess is that the loss in value during the housing crash has lots of folks thinking that they won't get a reasonable price for their home....which might still be true.

[Wyatt's Torch]

Yeah inventories are really tight in a lot of places (just look at the inventory charts). Friend of mine in Atlanta recently sold his house for $40K over asking price after receiving 15 bids in about 5 days.