Can you feel the tide beginning to turn? Suddenly, it seems, people everywhere are talking about shifting currents and pointing to some long-awaited signals of an economic rebound. In my town, the phrase “Sale pending” is replacing “For Sale” on the realtor signs that have remained stubbornly rooted in front of properties for ages. More acquaintances are considering—and, more important, making—big-ticket purchases, and several have even embarked on home ...

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