Real estate trends for 2013 [VIDEO]

By Tami Hoey

azfamily.com

If you’d like to discuss real estate matters, contact Rose Law Group Founder Jordan Rose, jrose@roselawgroup.com

Homeowners across the Valley are wondering what the real estate market will hold in the new year. Is it better to sell? To buy? Or just sit tight?

3TV’s Kristine Harrington went to the experts for a glimpse into the 2013 housing market forecast. She found that the outlook is positive, with home prices expected to rise.

Realtor Kelly Cook with Keller Williams says he expects real estate in 2013 to be even better than 2012.

“Foreclosures have almost completely fallen off,” Cook tells us. “They are less than ten percent of the market right now.”

And that is forcing prices to climb. Buyers are turning out in great numbers right now, motivated by the still affordable homes and the historically low mortgage rates.

But with inventory moving quickly, Cook says some buyers are still struggling to find the right fit.

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January 3, 2013

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Real estate trends for 2013 [VIDEO]

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Real estate trends for 2013 [VIDEO]

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