Also at this time, mortgage rates were email list at historic lows in the low 3%'s. (source San Diego Association of Realtors; Dataquick) This time around, lending standards are tight, and only buyers with good credit could purchase, allowing for a email list more-sensical approach to the market compared to the sensationalism email list that preceded us in the booming years. It was this environment of an incredibly low supply of homes email list combined with incredibly cheap money to borrow which led to the red hot market in the early part of 2013. It was only as prices rose quickly throughout the year email list, interest rates began to increase as a result of the overall improving national economy as well as more listings hitting the market where things email list began to shift. All the homeowners email list who purchased at or near the peak of the market, and who bit, fought and scratched to stay in their home and make the payments and avoid foreclosure email list or short sale no matter the adversity they faced now realized a market where the prices were again where they originally bought, and could finally have the email list opportunity to sell and get out of the home that became a ball and chain.