Like many in the industry, since it’s the end of 2012, industry professionals are making predictions for 2013. We asked local industry experts their thoughts in our last issue of the year, and Jed Kolko, chief economist at Trulia, is giving his predictions in a “what’s hot, what’s not” type chart.
Kolko started each of his predictions recapping what happened this year. For example, in 2012, the big question was whether prices would bottom; now that they have, the big question for next year will be, “will inventory bottom?” The big takeaways are below on Trulia’s infographic. To read all of Kolko’s predictions, click here.
What’s hot and what’s not for 2013? Trulia makes some predictions.