Home prices are expected to grow by 7% this year according to JPMorgan Chase, while other investors expect to see a much larger increase. Investors have taken a keen interest in distressed properties and non-performing loans, which has aided the gain in home prices. JPMorgan Chase also suggested that distressed sales should drop over the next 9 months. Experts have also expanded their overall housing market confidence for the remainder of 2013. More here
