Inventory plunges as new sellers are reluctant to place their homes on the market!
The Livermore Valley has experienced lower than normal home inventory, which is causing demand to rise and prices along with it. Pleasanton currently shows only 50 properties for sale while Livermore only 65, well below the average for this time of year. So frustrated buyers have to look not for weeks but sometimes months to come across the right home where their offer will be accepted. Currently statewide in California, a staggering one in four homes are being purchased with cash.