Real Estate Forecast for 2015 [Infographic]
Real Estate Forecast for 2015 [Infographic]
![Real Estate Forecast for 2015 [Infographic] forecast Real Estate Forecast for 2015 [Infographic]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_ulKOckZJMOfGMXy9Z1DQ9gv1Aulhu4ZCbEqsuu9TCwC2ggUjRGwEf_wnZF0VpkMSGqBqRhc0UJNxVWX2JLqYoHwwJ4Ek4rV8ZZGJPhTP2m6GXpYumGSH4dBd0DjgS_Kwt-i_GXwojLJ3Hrd7fQeIQ=s0-d)
Real Estate in 2015- What to expect
- Millennials account for 65% of first time home buyer sales
- Existing home sales will increase by 8%
- Home prices will go up 4%-5%
- Mortgage rates will be at 5%
- Home affordability will may decrease by 5-10% (do to increased mortgage rates and home prices)
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