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Housing Trends the Last Half Of 2013: Housing Analysts Predictions
Date:9/7/2013

Twin Cities, Minnesota (PRWEB) September 07, 2013

July's market data shows housing trends of a national decline in housing inventory of 5.24 percent, which is the second month in a row with year-over-year inventory declines in the single digits, according to realtor.com. National median list prices increased 5.27 percent year-over-year while median age of inventory is down 16.67 percent. Overall the Twin Cities is faring better with inventory decreases of 10.1% to 16,124 as of August 17th, 2013, as it is for other housing trends.

"We're actually starting to see more inventory of home listed for sale. Recently, the Twin Cities months supply of housing inventories were so tight that the market hit a 12-year low. With home prices heading upward, more homeowners are considering selling," says Jenna Thuening, owner of Home Destination.

Home Destination has compiled a list composed of housing specialist across The U.S. who offer their predictions of what to expect in housing trends the remainder of 2-013:

1) CoreLogic: "I don't believe that home appreciation will continue in our forecast for the next year through may have next year will be about 6 percent house price appreciation which is half where we are today," states Mark Fleming of CoreLogic. One thought behind that opinion is that we have a pent-up supply of housing inventory; however, people who don't
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