Today on Forbes.com, Megan Brennan reports on what has become a seller’s market: “Inventory has contracted to its lowest level since December 1999… The number of available homes… fell 4.9% from December and is 25.3% lower than a year ago… At the current sales pace, supply will be exhausted in just over four months… In a normal market, a healthy supply level is about six months.”
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From KPCC’s morning radio show “Take Two”… “It was a buyer’s market: low prices, low interest rates, desperate sellers. But talk with just about anyone wandering around open houses each Sunday and you’ll hear a different refrain: What happened?! Prices here jumped more than 23 percent last month… and foreclosure filings dropped a stunning 77 percent… All of a sudden finding a house to buy isn’t so easy. Chris Thornberg, an economist and founding partner of Beacon Economics, 
