The Lion's Den

News & Views About Real Estate in the Greater Philadelphia Area

Banks Control Markets and Prices – From Yahoo Homes

If the headlines are to be believed then the nation is starting to ease its way out of the housing crisis. Demand for homes is on the rise and there have even been reports of bidding wars breaking out. I know someone who put their home on the market on a Friday afternoon, had nine offers, and was signing a contract by Monday morning for full asking price — cash. Read more here:

http://homes.yahoo.com/news/housing-inventory-creeps-shadows-banks-control-market-prices-162800502.html

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