Things are looking up in the housing market. People are starting to buy houses again. Mortgage rates are at an all-time low and there's lots of inventory. Or is there?
Author Jane Hodges discusses who should be renting and who should be buying a home.
The vacancy rate for apartment fell to its lowest since 2001 in the fourth quarter as more people rented. But mortgage rates are also falling, so will people choose buying over renting soon?