In a blog post Friday,Â RedfinÂ revealed new conventional listings have actually gone up 2 percent compared to last year, while listings for distressed properties have been reduced in half.
Redfin conducted an analysis of new property listings in the first five weeks of 2013 (January 1 to February 11) compared to the same period in 2012.
The Seattle-based brokerage found short sale listings decreased 54 percent from 2012, whileÂ REOÂ listings are down by 46 percent. Overall, new listings declined 18 percent from 2012.
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