The number of unsold homes sitting on the market has jumped almost 50 percent on the past year. The sale of single family homes is down 3 percent while condo sales are down 11 percent. And that’s just in the past few months. If you are trying to sell your home, this is a bit discouraging. But it really depends on where you are. If you on either coast, in a beach area, or in Washington DC and Florida, you could be in for some frustrating times. People are mostly renting in these bubble markets, so selling a home is even tougher. But the sky is not falling, so don’t fret. Even in a time when supply outruns demand, prices don’t drop like a rock. They just hang around, and that’s what you should do. As for buyers, opportunities are plentiful in these bubble areas, especially if you are looking at a condo.