Morning Minute: Housing markets warm up for spring home buying season

An improving jobs market and affordable mortgage interest rates still point to a strong spring housing market, despite recent winter weather, according to Freddie Mac’s latest Multi-Indicator Market Index. Illinois is among five states showing the most year-over-year housing market improvement and Chicago made the top five list when it comes to metro areas seeing the most annual improvement. Read more from Freddie Mac along with coverage from NAR’s Daily Real Estate News.

In other headlines:

Housing Inventory Slowly Disappearing – KCM Blog

Uh-oh: Most millennials don’t know about closing costs – HousingWire

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