Bubble watch: Buying binge eats up 96% of homes for sale

Bubble watch: Buying binge eats up 96% of homes for sale

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: Southern California’s frenetic homebuyers seemingly bought just about everything on the market this year.
Source: My trusty spreadsheet reviewed inventory data for existing residences in six Southern California counties, using numbers from Realtor.com complied by the St. Louis Fed, and closed…

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