11/14/2012
According to Lawrence Yun, Chief Economist of the National Association of Realtors, the housing market "clearly turned around" this year, and the uptrend is expected through 2014.
The housing market recovery should continue through the coming years, assuming there are no further limitations on the availability of mortgage credit or a “fiscal cliff,” according to forecast presentations at a residential forum here at the 2012 Realtors Conference and Expo.