Home price gains bring 'underwater' sellers off sidelines, relieving frustrated buyers

  • by: ELLIOT SPAGAT , Associated Press
  • Updated: June 30, 2013 - 9:15 AM

SAN DIEGO — Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000.

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