Hedge funds, private equity firms and other investors are seeing investment promise in housing and are “rushing in to buy up companies and assets in every part of the housing supply chain,” CNN Money reports in the article, “Big money betting big on housing .”
In other news:
Analysis: Small lenders ride U.S. mortgage wave as big banks cut back – Chicago Tribune
Rock River Valley home sales rise for the first time since 2006 – Rockford Register Star
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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.
