Real Estate Forecast for 2015 [Infographic]

Real Estate Forecast for 2015 [Infographic]

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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