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Housing market 2013 for homebuyers: It’s a balancing act

Posted on 30 January 2013

Talk to any Realtor these days and you’ll likely get an earful about “limited inventories.” That’s a big departure from the past few years, when home sellers were eager, for a variety of reasons, to pound those “for sale” signs into their front lawns. While existing home sales eased in December, the number is 12.8 percent higher than in December 2011, according to the Washington-based National Association of Realtors.
All together, total U.S. home sales last year rose to 4.65 million, up from 4.26 million in 2011, the NAR says. That’s the highest total since 2007. The story now in the U.S. housing market is all about demand………………………………………..Full Article: Source


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