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New Housing Crisis: Not Enough to Buy

by Gary Belk | Jun 21, 2012 | Real Estate, San Francisco Real Estate | 0 comments

Sales of existing homes declined in May, according to a new report from the National Association of Realtors, not just because the overall housing market is struggling, but because there are simply not enough homes to buy.

There are currently 2.49 million for sale, a drop of 20 percent from a year ago.

By: Diana Olick
CNBC Real Estate Reporte

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