Why the Second Half of 2014 Will Be Better Than the First

In 2014 the housing market has been sluggish in many markets over the past six months, after last year’s double-digit appreciation.

But researchers at the real estate brokerage Redfin say they see signs that the housing market is now edging back to normal. In a new report, they say they expect the market in urban areas to regain its footing over the second half of 2014.

“The second half will not be without its wobbles,” Redfin researchers note on the brokerage’s blog. “The housing market will have to jockey between poor economic indicators and pent-up buyer demand. But the housing market can maneuver around the juggernaut of sub par long-term economic fundamentals, based on the very real difference between this year and any other year post-crisis: Housing is now edging back to normal.”