Greenwich, we aren't alone

 Don't worry, there's an 84 lumber store on the other side: we'll build our own home

Don't worry, there's an 84 lumber store on the other side: we'll build our own home

WSJ on the national housing market: A mismatch of home buyers and sellers points to trouble this year

The divide between the prices of homes Americans want to buy and the inventory of such homes is growing, suggesting first-time home buyers and high-end sellers might have a difficult year ahead of them.
Across the U.S., 27% of online home searches in the fourth quarter were for starter homes, but only 21% of listings were in that price range, according to Trulia, a real-estate information company.
Meanwhile, just 44% of searches were for luxury listings, while 55% of home listings were priced at the high end.
The findings point to a critical imbalance in the market: There is a significant and growing shortage of lower-priced homes and a glut of high-end ones.
The result is likely to be swiftly rising prices at the low end and challenges for first-time buyers, and sluggish price increases and lingering listings at the top end.
“The big, high-level takeaway is that most Americans are looking for a starter or trade-up home but there are a ton of premium homes on the market,” said Felipe Chacon, a housing analyst at Trulia.