The U.S. real estate market made a robust comeback in 2013, surpassing expectations of many economists, as the combination of low inventories and historically low interest rates caused home prices to rise and even helped fuel bidding wars in some markets. While positive trends, such as increasing home values, are expected to continue into 2014, mortgage rates are also expected to rise and could impact home buyers’ abilities to afford new homes. Click here for more predictions for the 2014 housing market.
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