The housing market seemed to be inching along on the road to recovery in 2012, and then along came the 2013 and BOOM! It felt like an explosion of growth in a little under 6 months! Record low interest rates along with record low inventory combined to bring buyer demand to a fever pitch. We saw home values increase at rates that we had only seen before the crash in many areas, and quite a few perspective buyers found themselves in bidding wars once again.

Then came a slight bump in interest rates in toward the start of the summer, and the explosive growth started to slow. Some buyers were priced out of their ideal price range, but it allowed inventory to catch up with buyer demand. Many experts believe that we are now seeing a leveling off of the market. So what does this mean for buyers? Well interest rates took another dip this month, and with inventory up that means it may finally be that moment they've been waiting for! See what some of the experts are saying:

Fannie Mae and Freddie Mac have have relaxed rules that would have kept banks from approving mortgages.

Home values to taper, could be a windfall for buyers!

The National Association of Realtors' Projections through 2014