National Assoc. of Realtors Chief Economist Sees Optimism Ahead

“The spring home buying season looks bright because of an elevated level of contract offers so far this year,” he said.  “If activity is sustained near present levels, existing-home sales will see their best performance in five years.  Based on all of the factors in the current market, that’s what we’re expecting with sales rising 7 to 10 percent in 2012.”

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