2013 has been deemed a prime time to invest in the real estate market. With an 11% increase in home prices this past year; experts predict that the remainder of 2013 will continue to support a prosperous real estate market. In terms of demand, the National Association of Realtors shows an increase in housing prices in 133 cities. The growing population within the United States has led to a lack of housing space. This shortage, which leads to an increase in demand, only validates the continuing rise in the real estate industry that accompanies the recovering economy. With the decrease in foreclosure levels, many people who were negatively impacted by the suffering economy are now qualifying for a mortgage and therefore re entering the real estate industry. While mortgage rates have increased, affordability is still offered in many areas. These opportunities may disappear within the next few years, marking the year 2013 as a time to invest in real estate.[caption align="alignleft" width="200" caption="Market Wire"][/caption]
SANTA ANA, CA--(Marketwired - Jun 28, 2013) - There's little doubt that the past year has been good for real estate, with existing home prices up more than 11 percent nationwide. But does this ...
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