Housing inventory continues to grow

According to the November Zillow Real Estate Market Report the number of homes for sale has increased year-over-year for three straight months after four years of annual declines.

Many of the most significant increases are in some of the country’s hottest markets (think San Jose and San Francisco) but these are also areas with the most potential buyers so competition remains fierce.

Nationwide, the median home value is $222,800 up 7.7 percent year-over-year.

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