What's Hot on HousingWatch This Week

With fewer people opting for default, a spike in home sales, and a federal investigation into the cause of the foreclosure crisis, it's looking like we may finally be on the road to recovery. See these stories and more, when you check out what was hot on HousingWatch this week:

1. Walking Away From Homes Losing Appeal?
While the "strategic default" trend may not have entirely run its course, it does seem like underwater homeowners are turning to default as a last resort these days. Read more.

2. Rent Too Damn High? How to Lower Yours
His carefully manicured facial hair may be over-the-top, but the message of New York's Jimmy McMillan, of the Rent is 2 Damn High Party, is firmly grounded in reality. Read more.