Fannie Mae-No Politics (FNMA)

[along4zride]

Do you live in South Chicago?

Some of the worst areas of the country were bad even in the boom. Here in cali property is in demand again. The bottom is in and has been for several months at least. Flippers are back and corporations are scooping up houses and turning them into rentals while they appreciate. Families seeking to buy a home are getting trampled by all cash offers that are way over the asking price. One buyer in the Inland Empire has put in 200 offers according to the L A Times and is out bid every time.