As we end 2014 and begin a new year, it seems like a good time for real estate predictions. Home prices have been rising lately, but will they continue? Here are some expert predictions for the real estate market in 2015.
Easier for Home Buyers
Homes have recently become a great idea for real estate investors because prices have been rising so quickly lately. October showed some of the highest home prices since 2008. While home prices will continue to rise, the rate at which they grow will probably slow down. This will lead to less real estate investors showing interest and make room for more home buyers. Instead of a 6% growth, we are more likely to see a 3% growth, which could mean a buyers’ market next year.
Millennials Become Home Buyers…