After a long, recession-induced hiatus, Seattle-area builders are starting to build houses again.
It's another facet of the local real-estate market's modest recovery in 2012. Sales volume is up, in part because of record-low interest rates. Prices have bounced back from last winter's post-bust lows.
Experts generally anticipate more of the same for 2013.
New-home construction is on a pace this year for its best showing since 2007. Builders and analysts expect that surge, too, will continue into the new year.
"I don't know what's driving it — pent-up demand, or job growth, or something else — but the market is strong. Land prices are climbing," says Bill Hurme of Kirkland new-home marketing firm TeamBuilder JLS.
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