Whether you’re looking to sell your home or spent the last year waffling between renting or buying, you probably have one question as we head into the new year: Will 2015 be better — or are we headed into another year of the same?
There’s no such thing as a real estate crystal ball, and anyone who claims to have all the answers probably has a hidden agenda. With many factors to consider, let’s take a closer look.
The recovery process — where are we?
Trulia’s Chief Economist Jed Kolko recently came to the conclusion that while none of the five measurements in Trulia’s TRLA -1.84% Housing Barometer are completely back to normal, most are making progress. It’s been three years since prices bottomed out in 2011, and we are still very much in recovery mode with rebound effects slowing; housing prices are no longer significantly undervalued and the investor…
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