2013 Housing Expectations from Freddie Mac

Over this past month, Freddie Mac made some predictions on what the housing market will look like in 2013.

Here’s what they are expecting:

  1. Property values should increase by 2 to 3 percent in the next year.
  2. Multifamily and single-family for-sale markets are projected to come down to 2002-2003 level.
  3. In the first half of the year, long term mortgage rates will remain low. But, in the second half of the year it will rise.
  4. The rental market will also remain positive.

It looks like 2013 will be a good year for the housing market.

 

For more information you can go:

http://www.dsnews.com/articles/state-of-housing-in-2013-according-to-freddie-mac-2012-12-10

 

http://www.freddiemac.com/

 

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