While they are turning real estate environment into a sellers market, many potential sellers are nervous to sell. It’s becoming a catch-22. Sellers want to sell but are worried that they won’t be able to find a house to buy with the low inventory and especially now, when the competition seems especially heated for quality homes with good bones. So these sellers keep their homes off the market which makes the inventory situation even the more dire.
It will be interesting to see how this poll pans out.
http://blog.sfgate.com/ontheblock/2013/03/29/why-arent-you-selling/