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Inventory Levels Lowest in Years

Inventory for Homes/Condos is at its lowest level in years in both SLO County and Santa Maria/Orcutt as shown by the graphs below. The crystal ball question is how much inventory will grow in SLO County over the next few months.

I have a lot of statistic reports to run for 4th quarter and year-end. Maybe those will give some further insight into where the market may be headed.

(click graph for a larger image)

Written by Keith Byrd - Go to Keith's Website/Profile