The first quarter of 2013 is almost over and so far, a few trends have emerged in real estate. These trends are not set in stone, nor can we be sure that they will continue on the same trajectories throughout the rest of the year. As with any other major part of the economy, much of real estate depends on external factors such as employment, interest rates, and general economic conditions.
With that being said, the first quarter of 2013 has established a few trends in the national market that extend into regional and local markets and could point to broader movement throughout the rest of the year.