2015 Housing Outlook: Expert Predictions

Most experts predict a more stable housing market across the nation.  A recent Forbes article outlines 11 specific predictions from experts.  The experts take on pricing, affordability, mortgage rates and many more.

Their top 4 Predictions are:  1.  Prices will increase more slowly 2. Affordability will worsen  3. The buying frenzy will subside 4. Interest rates on mortgages will rise

For those wanting to sell a home in 2015 the most experts feel the market will continue to see price increases although gains may not rise as sharply as they did last year. To request detailed market information for your Portland area home click here

You can read the full article here

 

Leave a Reply

Your email address will not be published. Required fields are marked *