In this Tuesday, April 2, 2013 photo, real estate agent Michelle Gordon, left, talks with client Michael Weitzman while viewing a home for sale in Grand Rapids, Mich. The American economy and job market are moving in the right direction, just not very quickly. The news Friday, May 3, 2013, that U.S. employers added a solid 165,000 jobs in April and unemployment fell to a four-year low 7.5 percent came as a relief. Fueled by near-record low mortgage rates, the housing market has been bouncing back. New-home sales in March were up 18.5 percent from a year earlier. Sales of previously occupied homes were up 10.3 percent. For the first time in five years, homebuilders started work on more than 1 million homes in March at a seasonally adjusted annual rate. (AP Photo/Paul Sancya)

Associated Press
In this Tuesday, April 2, 2013 photo, real estate agent Michelle Gordon, left, talks with client Michael Weitzman while viewing a home for sale in Grand Rapids, Mich. The American economy and job market are moving in the right direction, just not very quickly. The news Friday, May 3, 2013, that U.S. employers added a solid 165,000 jobs in April and unemployment fell to a four-year low 7.5 percent came as a relief. Fueled by near-record low mortgage rates, the housing market has been bouncing back. New-home sales in March were up 18.5 percent from a year earlier. Sales of previously occupied homes were up 10.3 percent. For the first time in five years, homebuilders started work on more than 1 million homes in March at a seasonally adjusted annual rate. (AP Photo/Paul Sancya)
In this Tuesday, April 2, 2013 photo, real estate agent Michelle Gordon, left, talks with client Michael Weitzman while viewing a home for sale in Grand Rapids, Mich. The American economy and job market are moving in the right direction, just not very quickly. The news Friday, May 3, 2013, that U.S. employers added a solid 165,000 jobs in April and unemployment fell to a four-year low 7.5 percent came as a relief. Fueled by near-record low mortgage rates, the housing market has been bouncing back. New-home sales in March were up 18.5 percent from a year earlier. Sales of previously occupied homes were up 10.3 percent. For the first time in five years, homebuilders started work on more than 1 million homes in March at a seasonally adjusted annual rate. (AP Photo/Paul Sancya)
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