The National Association of Realtors recently published an article titled "Sellers Who Delay May Miss Out". In the article they interviewed Daren Blomquist, a VP from RealtyTrac and CEO of Redfin Glenn Kelman. Here are three great quotes from the article.
"Home owners who purchased their home during the sluggish market the last two to three years may find moving up in 2013 may be their prime opportunity." Daren Blomquist, VP RealtyTrac
"If you're selling one house just to move up to another, it does you no good to wait for prices to rise - the price of the move-up home will increase faster than the price of the place you're leaving behind."
Glenn Kelman, CEO Redfin
According to the Mortgage Bankers Association, mortgage rates are expected to come off the 3.5% range and reach 4.4% in the next year.
To read the complete article visit The National Association of Realtors website.
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