Housing Market As A Whole Will Shift In 2015

Economist Predicts - Housing Market As A Whole Will Shift In 2015
While millennials so far have yet to find their place in the housing market, the stage is set for younger Americans to become the driving force in the residential sector in 2015, according to a forecast. "The lack of home-buying activity from millennials thus far is decidedly not because this generation isn't interested in homeownership.  "As renters' costs keep going up, I expect the allure of fixed mortgage payments and a more stable housing market will entice many more otherwise content renters into the housing market, the housing market as a whole will shift more to the advantage of buyers, who have struggled throughout the recovery in what has largely been a seller's market, Learn more.