Feb 19, 2013

Housing Trends

2013 National Housing Market Forecast

What a difference a year makes. Most news reports today point to a recovering housing market throughout the nation with some of the worst-hit areas like Las Vegas, Phoenix, and Central Valley of California experiencing strong demand for housing and limited supply. All indications point to 2012 being the year the housing market started its climb out of the bottom that began in 2007. Most economists and housing forecasters agree that the housing market began a turnaround last year and are projecting a continued recovery in 2013. However, the positive consensus extends only to the direction of housing market trends and not necessarily to the level of improvement. Following are some key housing market forecasts for the coming year:

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