The spring selling rush may already be under way, as some home owners are already throwing their properties on the market to take advantage of rebounding home prices and improved equity.
Why So Many Low Inventories?
Just about every market in the US has seen home prices gain in recent months, while available housing stocks have taken a tumble. But why is it that just as buyer demand starts to pick up, inventories have fallen so low?
Bidding Wars Back with a Vengeance
Competition among buyers is hotting up, with a growing number of homeowners reporting bidding wars taking place across the country, a phenomenon that had all but disappeared during the worst days of the crash.
Freddie Mac Requests $6 Billion to Offset Third Quarter Losses
Freddie Mac has asked the government to bail it out again with an additional $6 billion in aid, so that it can offset third quarter losses. The request is the largest of its kind since April 2010. Altogether, the taxpayer has had to stump up almost $169 billion to rescue Freddie Mac and Fannie Mae,