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Inventory key to housing rebound

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By all accounts, 2012 was a pretty good year for home sales. Nationally, the pace of sales for existing homes was up 9 percent from 2011, with total sales the highest in five years, according to the National Association of Realtors. Locally, closed sales of new and existing homes rose 15 percent last year, following three years of sales declines, according to the Greater Capital Association of Realtors. But real estate watcher CoreLogic, in a ...

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