Another update ... a few key points:
1) There is a clear seasonal pattern for house prices.
2) The surge in distressed sales during the housing bust distorted the seasonal pattern. This was because …
<div>Altos reports that active single-family inventory was up 1.1% week-over-week.</div><div> </div><div>Inventory is now up 8.2% from the seasonal bottom in January and is increasing.</div><div> </div…