The number of homes for sale nationwide ended 2012 at its lowest level in more than five years. Find out where inventory levels fell the most during the year.
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Another housing indicator is showing nationwide home prices moving up and reaching the biggest year-over-year gain since 2006.
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Home owners who faced foreclosure a few years ago are back, and they increasingly want to buy a home again.
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Mortgage applications for home purchases soared 12.9 percent, reaching the highest level since April 2011.
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The nation’s No. 3 home builder credits the surge to “low mortgage rates, affordable home prices, reduced foreclosures, and an extremely favorable ‘rent vs. own’ comparison.”
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As commuters switch from four wheels to two, they’re looking for housing amenities that accommodate them.
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