Finding a new normal for real estate in 2012

Will this be the year housing bottoms out?

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The most popular question since the mortgage meltdown and subsequent dive in home prices has changed in the past 12 months. It has evolved from "Where’s the bottom?" to "What’s the new normal?"

The reasons for the change vary, but they lie somewhere between a general public acceptance that double-digit appreciation is a thing of the past, and the inability of economists and analysts to accurately predict supply and demand.