Corelogic’s 2015 Housing Outlook
For 2015, Corelogic sees the lower-end / first-time homebuyer market taking primacy over the higher-end price category as employment growth strengthens, particularly among the first-time homebuyer age group. As a result, according to Corelogic, there should be strong increases in both home sales and housing starts though price appreciation should moderate.
About author
You might also like
Sales Pace Surge and Price Appreciation in SoCal
The strong start to the year in the Southern California housing market continues to be borne out by the data. The median home price in Southern California climbed to $425,000
Return of the First-Time Homebuyer?
Lawrence Yun, Chief Economist of the National Association of Realtors, sees 2015 as a potential turnaround point for the return of the first-time homebuyer. While the recovery thus far has
How a Return to Multigenerational Living is Shifting the Housing Market
Shifts in senior living, immigration, and affordability have brought extended families together under the same roof