10 Reasons: After a slowdown in the market this year, housing analysts and
economists
have high hopes for 2015. The real estate market is expected to build
momentum across the board nest year, mostly because of a strengthening
economy. Moreover,
the recent drop in oil prices cannot be overstated, because not only
does it directly lower the transportation and home energy costs for
households, but it also improves consumer confidence. And confident
consumers are more likely to spend on big ticket items, which is sweet
music to the ears of the real estate market." Here's a recap of some of the real estate forecasts for 2015:
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