Tag Archives: Housing Recovery to Make a Transition in 2013

The new year is expected to bring about a brighter housing market, thanks to an improving job market and record-breaking mortgage rates. “Hopefully, we’ll look back at 2012 as a transition year,” says Steve Storti, a senior vice president of marketing at Prudential Fox & Roach REALTORS®. “Just as you can only declare a recession after the fact, maybe we’ll be able to say this is when it changed over.” Home values are moving up across the country. For example, Phoenix has seen home prices soar 21.7 percent this year. […]