NEW YORK – Oct. 30, 2014 – Home prices have fallen as foreclosure activity has ebbed, and investors have had to slow their purchases of distressed homes. Also, the number of properties for sale is on the rise, giving buyers the upper hand in the market.

Top real estate agents prepare for changes, such as a switch from a buyers' market to a sellers' market, but it's not always easy to identify a trend until it's in full swing.

At this time last year, experts worried about new bubbles when some housing markets saw homes appreciate more than 20 percent annually, but many of those are now barely in the black, according to Zillow chief economist Stan Humphries. And while most housing analysts don't expect residential prices to depreciate on a national level, some have suggested it.

"Home values should continue to grow, but that growth will increasingly be driven by traditional market fundamentals like household formation and job growth, and less by artificial stimulants like decreased supply and widespread investor demand," Humphries says.

Source: USA Today (10/26/14) Olick, Diana

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