REALTOR.com: Expect a strong spring housing market

Recent housing and economic reports predict we’ll see solid spring home sales, according to Jonathan Smoke, REALTOR.com’s chief economist. Sales are taking longer to close, due to new mortgage rules that took effect last fall, but the pace of sales is growing.

Smoke predicts that the latest job employment growth should translate into a 3-percent boost to home sales this year and that low mortgage rates are improving home buyer affordability. Click here to learn more.