Morning Minute: Spring real estate market begins to heat up

Home sales are picking up in many areas of the country as mortgage rates remain low and motivated buyers get into the spring market, according to the Wall Street Journal article, ” Housing Market Sees Hopeful Signs of Spring.” Economists and real estate professionals see positive momentum building in the months ahead. Illinois REALTOR® Rich Harty, broker and owner of Harty Realty Group in Highand Park, said demand is high on the best listings and that is driving more multiple offers, particularly in homes priced at $500,000 or below. Read the full article.

In other headlines:

After Foreclosures, Home Buyers Are Back – Wall Street Journal

County may seek moratorium on forced land sales for airport – Chicago Tribune

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