Housing Indicators Are Up!

There is yet another why it is such a great time to be a homebuyer in Manhattan, in addition to low interest rates and lower prices. Housing prices are expected to increase 12.4 percent between 2010 and the end of 2014, according to MacroMarkets, which surveyed more than 100 analysts and market strategists.

Even more bullish, Joseph LaVorgna, a economist at Deutsche Bank predicts that home prices will rise 37 percent by the end of 2014.