Freddie Mac reported today that the housing market is expected to rise in 2013. It is expected interest rates will remain low until at least the second half of 2013; remaining below 4%. It is a great time to sell, since house prices may go up 2 to 3% in 2013. New construction sales are up as well. Economic recovery is being supported by the housing market with favorable news on the horizon!
Worldwide the top housing markets are in Brazil, Hong Kong, Turkey, Russia, Colombia, Austria, China and Malayasia. Hopefully, soon the United States will be on that list! This was reported in Realtor Magazine.
It is a fantastic market to buy or sell – please contact Donna Gola 425-750-7707 or email@example.com