The bust of the housing market five years ago created one of the cheapest times to buy. Across many parts of the OZ.,, it has become cheaper to purchase a home than rent. Record-low interest rates on mortgages have also made buying more affordable.
That's changing, however. In 2012, prices hit bottom. Finally! While that tells us the market is healing, it could also mean buying will be less affordable in 2013. Asking prices for homes for sale rose 3.8% in November from a year earlier -- one of the biggest gains since the housing market crashed in 2007.
5种人将会进入2013房产市场，你是其中一种么？
Investors:
Boomerang buyers: Foreclosed homeowners, who are currently renting homes, will come back in droves.
Entry-level buyers:
Move-down buyers: Empty nesters and retirees, who have plenty of equity in their existing home, will buy a home that is more suitable to their current lifestyle, which may or may not include adult children as well as their aging parents.
Moveup buyers: The price appreciation that occurred in the last year has already lifted 1 million underwater homeowners above water with future price appreciation to lift them even more.
