People are flooding open houses and feverishly bidding on homes even after predictions of a market crash and bargain-basement prices. Here's why.
lined up to tour a 1,168-square-foot home in Durham, Connecticut, a town of just over 7,000 people about two-hours from Boston and New York City.
A few hours' drive away in Wayne, New Jersey, Cassandra Small and her husband saw so much competition for slim pickings in February that they decided to offer $100,000 above the asking price on a home,. Theirs was one in a flurry of 35 offers, and not the most attractive, either, according to the report.
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