Home Buying Season Signals Recovery

Home buying appears to be picking up for the first time in five years.

Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading investors to grab bargain-priced homes.

And many people seem to have concluded that prices won’t drop much further. In some areas, prices have begun to tick up.

By: Alan

Alan Colmes is the publisher of Liberaland.