First Look™ Program
Fannie Mae’s innovative First Look marketing period was created to promote homeownership and contribute to neighborhood stabilization — allowing homebuyers to bid and purchase foreclosed properties before they are made available to investors.
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February was a stellar month for housing and apartment starts. Builders broke ground on a lot of new construction, and they also received building permits for future construction at the fastest pace in 4.5 years.
That’s a sign that things are heading the right way. And it’s also some much needed positive news. The good news comes at a time when the industry is preparing itself for the spring buying season.