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Podcast: Sales Pitch
Episode: Listen to this The Spring Housing Shortage In Real Estate listings
Description: Home Buyers Are Eager to Buy, and Sellers are locked with low-interest rates and are staying put. The housing market typically comes to life in spring, when buyers emerge in the warmer weather. This year, the market appears stuck in a deep freeze, and the biggest culprit is a lack of sellers, housing experts say.
There is interest among buyers — mortgage applications were up 10 percent in March from the month before — but the number of homes for sale is low. The mismatch is caused in part by homeowners who are inclined to sell but are sitting on the...