From Kelly Hamon, who recently bid $47,000 over the asking price to beat out five other buyers for a cream-colored North Hollywood home: The once-in-a-lifetime mentality, fueled by a shortage of for-sale homes, is driving the Los Angeles area from recovery to frenzy, according to real estate agents and experts....Out of all homes sold in March, 91% ... (more)
http://www.motherjones.com/kevin-drum/2013/04/happy-days-are-here-again
http://www.motherjones.com/kevin-drum/2013/04/happy-days-are-here-again
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