Housing Sellers’ Markets? Go West. Buyers Markets? Eastern U. S.

Seattle, San Francisco, San Jose, Los Angeles, and San Antonio are the top five housing sellers markets, according to Zillow.com. These cities have the shortest selling time and sold prices are often at or above asking prices. Chicago, Cleveland, Pittsburgh, Tampa and Philadelphia are the best for buyers because they have the longest time on the market, and sell for below asking price. There are also a lot of foreclosures in those markets. As housingwire.com informs MHProNews.com, the low inventory is keeping pressure on the housing market as a whole and weakening affordability. ##

(Photo credit: Paul Sakuma/Associated Press)

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