2013 was an exciting year for housing as record low interest rates, tight inventory and rising home prices helped bolster the market’s recovery. So what can prospective home buyers and sellers expect this year? Here are three trends to watch:
Construction
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On November 19, 2013, Mayor Rahm Emanuel unveiled the design renderings for the new 95th Street Red Line station, a project to modernize transit and promote economic opportunity on Chicago’s South Side. CTA 95th Red Line station rendering on Flickr