Even in a given city you will likely find micro-trends, where some areas so better than others. If you are interested in a specific neighborhood, watch the housing prices in that particular area. You might also note how quickly homes sell - as that is a major indication of the market.
Best of luck to you.
"Does anyone any feedback on what 2014 Real Estate market is going to look like?"
Which 2014 Real Estate market? Depending on the area one is reviewing and how a particular area is defined one may have a difference of opinion.
"Home prices up or down?"
I'm leaning towards a "Bearish wait and see" posture regarding areas within Conforming loan limits due to the uncertainty of changes coming in 2014 which you can read about here: "The Top 4 Challenges Buyers & Sellers will face in 2014!â€
I am more Bullish on the Non-Conforming areas.
I have read and heard on several occasions that real estate values will appreciate on average 6% next year. So I think that we will see gradual growth in our market. My prediction on interest rates... I bet they will rise. Next summer we will be in the 5% range on interest rates.
Many more homeowners have gone into positive equity positions in the past year. Its getting better. Next year buyer confidence will be strong!
You already know me to be a positive thinker. I would like you to remind me of my comment by mid summer next year and we can see where we are at.
Best of luck Olga!
Coldwell Banker Star Realty
BRE Lic #01456982
From an agent career standpoint I see many successful agents having career years and many of the average/lower producing agents really struggling. If an agent doesn't know how to generate a consistent stream of leads it will be very tough to go beyond "just getting by".
I always tell our agents that the day no home sells, we will be in trouble! Homes are still selling everyday so we all have a chance to be successful..
I find the PWR Reports to be very useful btw