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Five Housing Predictions for 2015

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Terry Story

with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL

Millennials and rising employment will drive the housing market in 2015. And the threat of higher mortgage rates could jolt home buyers into transacting before rates rise and impact home prices and affordability. Many predict mortgage rates will rise in 2015 but others doubt that an increase in rates is a sure thing (2014 being a case in point). Terry also lays out a few 10-year housing trends – proving once again that homes play out reasonably well as investments over the long run.