More Housing Market Predictions for 2013!

*More Homebuyers and sellers will be entering the market
due to the pent up demand over the last few years or so.
Also, rising rental rates will also be pushing home buyers into this years market.

*Homes Sales are projected to increase by 6-7% and home prices
will also increase by 3-4%.

*The availability of homes in the housing market will continue to increase.
This is in part to the increasing equity in homes which gives sellers the opportunity to sell their homes without losing money on the transaction.

*Higher priced homes will continue to increase in sales due to the increasing confidence in the housing market.

*Short sales will continue to increase as the process becomes more streamlined by lenders and servicers. This will be a great relief for many home owners that are facing the possibility of a foreclosure!

*Interest rates will remain low throughout the year, however expect to see a slight increase towards the end of 2013.

*In short, due to low interest rates and reduced home prices the market of potential buyers will continue to increase! 2013 forecasts to have the best home availability in years!