The rapid recovery of the housing market has caught America's home builders off guard with record low levels of inventory. The return of "bubblelike price jumps" and bidding wars are causing problems for buyers and sellers alike.
Mar 22, 2013 The New York Times
There are two housing markets, "one for the rich and one for everyone else," writes Michelle Conlin. Sales and subsequent bidding wars are back in richer neighborhoods, while approximately 98.5% of the population see no end to the recession just yet.
Sep 22, 2011 Boston Globe
New figures from the National Association of Realtors show that the number of new homes being built and the number of homes being sold were both down during May.
Jul 3, 2010 The New York Times
More first-time, energy-conscious, urban home buyers with smaller households have contributed to a noticeable reduction in home size as shown in 2008-2009 housing Census data. Concurrently, lower-priced home sales outpaced more expensive homes.
Jun 28, 2010 The Philadelphia Inquirer Via Austin American Statesman
In this segment from <em>NPR</em>, a Dallas residential realtor talks about how his city -- where the average price has actually gone up about 2% over the last year -- has bucked the national downward housing trend.
Aug 17, 2008 NPR