Chase analysts expect 12% gain in housing market by 2016

JP Morgan Chase is bullish on the real estate market.  Recently their analysts published a report predicting a 12% gain in home prices by the year 2016.

They basically believe that the housing market has hit bottom, or is close to bottom, and expect gains starting around 2013 or 2014 and continuing forward.

For more information about this article published by Housing Wire, CLICK HERE.

For information about local real esta