http://hosted.ap.org/dynamic/stories/U/US_SPRING_HOME_BUYING_SEASON?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-15-11-03-34
Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.
Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading investors to grab bargain-priced homes.
And many people seem to have concluded that prices won't drop much further. In some areas, prices have begun to tick up.
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