Market Watch 2014 mortgage predictions

http://www.marketwatch.com/story/mortgage-rates-wont-derail-2014-housing-market-2013-12-27?siteid=yhoof2

The housing recovery will push forward into 2014 with an increase in inventory as many former fence sitters seek to unload their homes to finally move on up or out.  Many families were waiting for a bump up in the marketplace before listing their homes and now is an ideal time to check market values.  Lower inventory offers fewer options to buyers who seek to land a great deal before mortgage rates inflate further.  Lower inventory and more buyers will swing the sellers back into a leverage position, which in turn may raise prices.

The Fox Valley area is looking for new home owners in 2014.  What are you waiting for?  Find out today what the MLS has available by contacting a licensed Realtor for details.

Jennifer@ElginFoxValley.com

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