Morning Minute: What’s on the horizon for housing in 2014

The Illinois housing picture grew brighter in 2013 as home prices and sales steadily improved, distressed properties worked their way through the system and a sustained real estate market rebound seemed to be underway.

Will these trends continue as we head into 2014? Illinois REALTOR® asked three housing market experts to weigh in on the trends and economic factors that could shape the market in the new year. Read what Dr. Geoffrey J.D. Hewings, Dr. John Tuccillo and Steve Harney have to say about 2014 home sales, prices and homebuyer demand in this online Illinois REALTOR® article.

What are other experts predicting?

Three big predictions for 2014 – HousingWire

What’s ahead for 2014 housing market – USA Today

Predictions for 2014 economy? Here are five – Christian Science Monitor

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