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Contra Costa Times: Bay Area housing values jump in second quarter

By Pete Carey. Bay Area home values increased at a sizzling pace in the second quarter, the online real estate site Zillow reported Tuesday...

July 24, 2012

If rising prices spread to other areas, more homes may go on the market.

"When prices go up, more people will put their homes on the market and inventory will come back to normal levels," said Richard K. Green, director of the Lusk Center for Real Estate at the University of Southern California. "There are places in the Bay Area where that could happen pretty quickly."

For the full article, see the link below:

Link: Contra Costa Times