Housing inventory at a 20-year low
By Roger Yu, USA Today
Good luck looking for a house to buy.
The number of residential houses available to buy is at a 20-year low as the appeal of McMansions wanes and a growing reluctance by Baby Boomers to trade up or down from their current homes, according to a report by Realtor.com.
More than half of its survey respondents, or 59 percent, said they are not planning to sell their houses in the next year.
