Inventory was at its highest level since June 2009, and for the fifth month in a row, reports revealed a constant increase. Pending sales of single family detached homes, projecting the second biggest sale of the year, showed unwavering strength. Seventy percent of Pleasanton's inventory in July, which consisted of homes priced below $1 million, was what accounted for the increase in both inventory and pending sales.
Source: http://EzineArticles.com/6531243
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