With financing cheaper and more households qualifying, buyer traffic is expected to strengthen into the key spring selling season. Kimberly Schmidt, a real estate agent at Compass Real Estate in San Diego, California, told CBS News this month that she is already seeing more buyer activity this year than last, especially from first-time buyers.
"When I first got down here, it was hard to be sharing a room with people, and the weather was quite miserable. For the first month I thought, 'maybe this isn't the thing for me'," he acknowledges.
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