When the housing market tumbled about five years ago, it became a very one-sided buyer’s market – inventory was up, prices were down, and interest rates were at historical lows. Over the last year, we’ve seen the market improving and becoming more balanced.
In 2014, we should see home prices continue to inch upward, but interest rates are also on the rise. Buyers should take advantage of the current market conditions while they last!
Top Trends in Real Estate for 2014: http://rismedia.com/2014-01-11/top-trends-in-real-estate-for-2014/