The number of Washington-area homes for sale last month was down 25% from April 2008, according to the most recent data from the local Multiple Listing Service.

The supply has fallen in nearly all of the region's counties and cities since that time. It was down about 30% in Fairfax and Loudoun counties; and 55% in Prince William County, including Manassas and Manassas Park.

Experts say that the drop in the number of houses for sale will benefit homeowners by bring supply back in line with demand, stabilizing prices.

Read more in The Washington Post....