Six years after the housing market began its slide, dragging the U.S. economy into recession, this year’s spring season — traditionally the busiest period for home sales — is shaping up to be the strongest since the crash. The full story.
WORKING OFF THE OVERSUPPLY
One of the most significant signs of recovery is the fall in the bloated inventory of homes on the market. Nationally, it has fallen to about six-months’ supply, usually considered a healthy market, down from more than nine months in April of last year.