Morning Minute: Fannie Mae cautiously optimistic about market

Fannie Mae’s latest Economic Outlook points to the positive trends of firming home prices, a dwindling share of distressed sales, high housing affordability and low mortgage rates as signs of a gradual healing of the market, reports REALTOR® Magazine (via Inman News).

In other news:

Home buyers find themselves battling investors over foreclosures for sale. Read the full story from NPR.

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.