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With home sales soaring, inventory hits a new low.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 25-JUN-04
Format: Online - approximately 425 words
Delivery: Immediate Online Access
Full Article Title: With home sales soaring, inventory hits a new low.(Real Estate & Housing)(The active listings would last just 2.3 months if the May sales pace continues)

Article Excerpt
Byline: Joe Mosley The Register-Guard

Lane County's drum-tight residential real estate market was stretched tighter in May, when home sales increased at a higher rate than new listings.

The result was a new, 2 1/2 -year low for the local for-sale housing inventory. The 1,058 residential listings active at the end of the month would last just 2.3 months if the May...

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