These hints can help you navigate this year's real estate market:

1. Research refinancing options. Fixed rates for 30-year mortgages are expected to remain low this year, compared to historic rates. If you plan to stay in your home for awhile, the cost of refinancing might be worth the savings.
2. Expect extra documentation. If you do take out a mortgage or refinance this year, expect potentially higher fees and to provide more paperwork proving income, debt and creditworthiness than you did in the past.
3. Entertain an investment. If you've thought about purchasing an investment property or vacation home, low prices, lots of inventory and low rates could make this year a good time.
4. Be a savvy seller. Industry experts agree it's a tough time to sell, but if you have to put your home up for sale, hire a highly rated professional to help you handle the humps of the real estate market in your area.