This is a best U.S real state market trends and the latest median cost gains in latest and accessible homes and this is a stable interest rate on 30-year preset advance and the decreased housing start and a steady idleness rate are some of features of the 2007 housing estimate provide by main trade group economists as report by Inman News. And the NAR leader economist David Lereah expect latest home sale to reduce from 1.07 million unit sold in 2006 to 975,000 units in 2007, which is an 8.7% decline. He cites decrease a latest home production as a great causative factor to this modifies. The median latest home cost of $238,400 in 2006 is predictable to enlarge by 1.3% to $241,400 in 2007. NAR can also be predicting that available home sales figures for 2006 to end approximately 6.47 million units, which is an 8.6% reject from 2005. And the 2007 estimation for available home sale is 6.43 million units. And the middle price of available home in 2006 was $223,700 and is possible to amplify 1.7% to $227,500 in 2007. Doug Duncan, chief economist for the Mortgage Bankers relationship predict the notice rates on 30-year fixed mortgages to stay around 6.5%, but mortgage originations to drop 14% to $2.1 trillion. Via