More properties went on the market in April. Anxious sellers – including banks – boosted the inventory of unsold homes to 10.2 months' worth.
They had been dropping at record levels for several months, but a new report says the decline eased slightly in February.
Sales of existing homes fell 3 percent from February to March, but activity with lower-priced units may be picking up.
Low home prices and an array of incentives have sparked a surge of new buyers.
Permanent home swaps, while complex arrangements, are gaining momentum – 8,000 a month by one estimate.
New programs try to help troubled homeowners. Which one is just right for you?
And they're likely to keep falling through the early part of the year, according to the National Association of Realtors.