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The Wall Street Journal’s blog offered five issues in 2012 that will be deciding factors in the housing market.

The blog cautions that talking about a “national” housing market isn’t useful this year, since although many markets rose and fell together, they’re coming out of the downturn at different speeds. 2012 will be the year of the localized housing market.

WSJ’s five key issues that will help determine whether prices stabilize and sales improve in the coming year:

1. Confidence and jobs:
2. Foreclosures:
3. Rents:
4. Mortgage credit and rates:
5. Regulation

To read more detail on each issue, click here for the article.

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