Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.
Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.
  • The housing market looks to be gradually approaching a recovery.
  • A growing number of mortgage-locked homes are going up for sale, JPMorgan said.
  • Existing home sales, meanwhile, jumped nearly 10% in February.

The housing market looks like it's starting to thaw, thanks to a growing number of mortgage-locked sellers who are opting to put their homes on the market anyway, according to JPMorgan Asset Management.