The Real Estate Market Pulse

Error-bar graph showing mean pulse rates and 9...
Rising interest rates and continuing tight underwriting guidelines could dampen sales as the year winds down.  Still 2013 sales will be up significantly from 2012.  Appreciation remains robust, largely because of tight inventories.  Interest rate concerns are reducing practitioner confidence.  One bright spot:  pent-up buyer demand by young households has kept the market going.  As adults under 35 start to move out of their parent’s homes, home sales stand to benefit even more.

Enhanced by Zemanta