Big Changes to the Oakland Real Estate Scene

The number of homes for sale in Oakland, California has declined by an astonishing 58%, according to the latest data provided by Realtor.com. This is largely the work of investors. First-time buyers, who often purchase homes at the lower end of the pricing spectrum, are facing stiff competition from these investors. These and other trends will likely push prices higher as we move into 2013.

MetroDepth: Homes are Selling Fast in Denver

According to MetroDepth, homes appear to be selling faster in Denver, Colorado these days. The report examined data from Realtor.com, which showed that Denver had the second-lowest median age of inventory of any metro area in the United States. This would suggest that the city has a fairly active housing market, with properties selling much quicker than the national average.