The real estate market has been affected drastically in the last decade. There have been foreclosures, short sales, slow moving new home sales and even real estate agents who were flipping homes have seen problems.

However, the real estate market has begun to turn around recently and there have been new predictions for the 2013 real estate market year.

Which Markets Get the Increase?

Large city markets such as Los Angeles, are expected to see up to three times the growth of other areas, according to The Street and their real estate professionals. Rural markets are also expected to see an increase in 2013.

Why These Two Markets?

The reason for both increases seems to be in the buying market and mentality of that market. There are two extremes of buyers.

The first extreme wants as little land as possible to do deal with while being in an area with as much exposure as possible to city life.

The other extreme of buyers is looking for investment potential; larger acreages of land and real estate that can be liquidated in emergency or health situations as well as left for future generations.

An Overview of the Predictions

The overall prediction is that real estate will see an average of 3% growth during 2013.

Depending on the particular type of real estate market and location, this increase could be considerable. The New York Times, however does not share in the enthusiasm. Recent articles within the New York Times have discussed that the 3% increase may affect smaller markets or more rural markets, but on average will not save the real estate market as a whole for 2013.

In fact, in several recent articles the real estate professionals of the New York Times suggested that neither buyers are sellers should make drastic moves during the coming year.

It really just depends on who you talk to about it.

Many real estate professionals are taking the 3% increase and running with it. They feel this increase is a good sign for future real estate dealings and a great starting point to getting the real estate market back on its feet. In fact, many of the real estate agents who share this view have started moving towards options that would move real estate sales according to the extremes of the market. Rather than working against the market, they are working with the market to increase the 3% predicted increase by three times or more.

Though most of the predictions center around specific real estate markets, many of them show promising signs for the future. For more information on how various aspects of business may affect the real estate market in 2013, consider business articles by Daniel Yergin and other professionals.