You may have found it was difficult this year to get into your dream home. A prime reason for this issue was the lack of homes on the market. In WNY, there was what % of fewer homes on the market in 2013?
According to the Buffalo Niagara Association of Realtors, inventory was down almost 20% in 2013. The graphic above shows home numbers nationally in November. We had a similar bump here as well, but over the course of the year found that prices were up 5% locally and houses were on the market for almost 12% less time before selling than the previous year.