The housing market will continue its gradual recovery and gain momentum in 2015, according to the Wells Fargo Economics Group 2015 Economic Outlook entitled A Whole New Ballgame, released earlier this week. Wells Fargo cited a number of reasons in the report for its optimistic housing market predictions for next year, namely easing of credit, job and income growth, and mortgage rates near their lowest levels in a generation. The economists predict existing home sales, which dropped by 3.8 percent for the first 10 months of 2014, will grow by 4.1 percent in 2015.
Posted on: Mon, 15 Dec 2014 16:32:43 +0000
Trending Topics
Recently Viewed Topics
© 2015