With interested buyers slowly but surely regaining their financial foothold and building their savings, look for an increase in home sales in the years to come.  The real estate market has always been cyclical, and with recent changes which have been instituted in order to streamline the short-sale process (a topic I discussed in my previous post), the cycle has begun showing signs of an upturn. This slight upturn seen over recent months will be instrumental in restoring both consumer and industry confidence by 2012.

However, look for the industry to be more cautious and careful in how it conducts bussiness. While a healthier trends housing market is a welcome sight, don't expect the abnormal levels of the recent decade to return. Look closely at your financial situation, and take your time in deciding your plan of action. In the wake of the recent housing market crisis, it's important to remain optimistic yet responsible when seeking your next home. Remember that long-term wealth, not short-term gains is the key to financial strength.