The shape of homeownership and housing markets has changed dramatically over time and will continue to change in the face of new housing opportunities and challenges. That’s according to panelists at the “Challenges and Opportunities in Housing and Homeownership” session today during the Realtors 2013 Midyear Legislative Meetings & Trade Expo here.

During the session academics from DePaul University, George Mason University, University of North Carolina and the University of Maryland presented various research and data illustrating the impact of shifting demographics, new mobility patterns and an uncertain interest rate environment on future housing prices, availability and affordability. Funding for some of the research was provided by the REALTOR University Center for Real Estate Studies.