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