big progress on the economic front. looks like the housing market is starting to bounce back. still not the greatest news for some sellers though. it s all next. our house its a very, very, fine house with two cats in the yard life used to be so hard announcer: world news now weather brought to you by united health care. announcer: world news now weather brought to you by united health care. big plans. so when i found out medicare doesn t pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you re eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans it helps pick up some of what medicare doesn t pay. and could save you thousands in out-of-pocket costs.
nosedive. hit a five-year low, down 16% in one year. a big drop. and strong signs people are ready to buy new homes, bidding wars are now breaking out. here is abc s cecilia vega with the beg housing comeback. does this come with appliance? reporter: oneta parker knows if this is the home for her she better make an offer. these days houses are selling and they re selling fast. we have looked at, i don t know, at least, i want to say 30 properties. reporter: so many you can t remember? yeah. there is like a bidding war going on. kitchen. reporter: that s right bidding wars in some pockets of the country. kitchen. small kitchen. every listing has had multiple offers. reporter: 73 bids on this california house alone. it sold in one week for nearly double the asking price. this three-bedroom/two-bathroom house in los angeles suburb has been on the market a couple hoff