What will happen in the real estate market this year? Many pundits are predicting slightly better sales in 2014 than in 2013. But the KCM Blog‘s headline today took a different view:
Housing Predictions for 2014: Sales Will Surge
Among the reasons cited are (1) the number of first time home buyers are expected to rise, and (2) many move-up buyers, who have been trapped in their homes because of negative equity, will finally be able to make that move because of rising property values.