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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