
The housing market in Metro Detroit is getting ready to pop this spring.
JC Reindl of the Detroit Free Press reports:
With mortgage rates back to rock-bottom lows and a larger selection of houses finally available, metro Detroit's housing market is set to turn a corner this spring and become hotter for buyers and sellers.
Buyers should find it easier to get a mortgage, with new low-down-payment programs and fewer paperwork requirements. And unlike the past few years, they should find a less-frenzied atmosphere with fewer bidding wars because there are more homes to choose from.