2015 Housing Forecasts

2015 Housing Forecasts

Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General consensus seems to be modest improvements over 2014 with new home sales expected to run at a predicted range of 503K – 620K, single-family starts ranging from 728K – 802K, and price appreciation from 2.4% – 4.9%. These figures would seem to suggest some level of stability in the housing market in contrast to the relative volatility that has seemed to characterize the housing recovery thus far.

Read More

Previous Hombuilder IPO Window Closed for Now
Next Foreign Investors Pulling Back

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

What a Nobel Winning Economist Thinks About The Housing Economy

When a Nobel-prize winner shrugs his shoulders, and says, “I don’t know … ” to a question directly related to his field, it gives you pause. Which is what economist,

Housing Market

Six Housing Market Predictions for 2017

If economic indicators are any guide, Orange County’s housing market is heading for a fifth straight year of rising home prices, increased sales, more rent hikes and booming home construction.