While realtor.com recently reported that housing inventories were up 10 percent year-over-year nationwide, some markets fared far better than others. We decided to take a closer look at the markets where inventories soared over the past 12 months.
Just as in our look at the top markets for median-home-price increases, the central California city of Stockton topped the list for its housing-inventory increase. Perhaps buyers are beating a path to the bankrupt town that was hit hard by the foreclosure crisis, and it’s interesting to note the signals of a comeback for this battered community.
For each city on the inventory increase list, we featured one drool-worthy home. Even with inventory up in these 10 cities, it’s always fun to take a look at how far your dollar could take you.
NOTE: All descriptive information comes from listings on realtor.com. Properties were on the market and listed as available at the time of publication in May 2014 unless noted otherwise.
- Video: What is wrong with housing?