In the past years, the average American listing price has increased, with only 54% of Americans being able to afford an entry level home. Recently, their has been good news for current and potential home buyers and sellers. Good news for potential home buyers and sellers. "The plunge in mortgage rates has created homeownership possibilities for 2.7 million more households as well as move-up possibilities for current homeowners with enough equity," the analysts wrote. "This will spur home-buying activity this year, possibly averting the decline in volume we have been forecasting." (Housingwire.com)