Fannie Mae will no longer require borrowers to put up an extra 5 percent down payment when purchasing homes in areas deemed “declining markets,” the country’s largest secondary mortgage market company said Friday.

For sale: Spacious home outfitted with six bedrooms, 5 1/2 baths, granite countertops, stainless-steel kitchen appliances, a three-car garage, exercise room and wet bar — all for $875,000 in the Red Cedar West subdivision of Leesburg where houses once sold for $1-million-plus.
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Most experts agree that the days of flipping properties are over.  With weak demand, slow sales and high inventory in most US markets, the question real estate investors are asking is, “Where do I invest now?“