HousingWire says real estate guru Trulia tells MHProNews the housing industry is 51 percent back to normal, four percent better than last month. Trulia’s barometer is based on construction starts, existing home sales, and delinquencies combined with foreclosures compared to the worst point to the housing crisis. Housing starts were up 22 percent Nov. 2011 to Nov. 2012, 37 percent back to the normal rate. Existing home sales have returned 73 percent back to normal. The foreclosure and delinquency rate fell to 10.63 percent, hitting the lowest rate in four years and 41 percent back to the normal rate.
(Photo credit: Sue Orgocki/Associated Press)