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.

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Michael Anderson
Michael Anderson 247 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.

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