Realtor.com: Top ten housing predictions for 2015.

Realtor.com: Top ten housing predictions for 2015

 

 

 

 

 

 

Earlier this month Realtor.com made ten housing predictions for 2015. Listed below are Realtor.com top ten real estate and economic predictions:

Top Ten housing predictions for 2015

1. Existing single-family homes and condominium sales will increase by 8%.

2. Millennial buyers will drive up housing sales and will account for sixty-five percent of first time home buyers.

3. Home prices will gain over four percent.

4. Mortgage rates will increase to five percent by the end of 2015.

5. Home affordability will decrease by 5-10% based on home price appreciation.

Realtor.com: Top ten housing predictions for 2015

6. In 2015 the economy will add 2.75 million jobs.

7. Foreclosures and short sales will continue to decrease as the economy improves.

8. Earnings and household income will increase by three percent.

9. Unemployment rate will decline and will remain under 6%.

10. The national economy will see an increase of 230,000 jobs per month.

Boston condos for sale:

Beacon Hill Boston condo for sale under $1,000,000

Beacon Hill Boston condo for sale under $500,000.

Beacon Hill luxury condo for sale with fireplace and hardwood floors, located on Charles Street.

37 Grove Street view virtual tour of this Boson condominium for sale.

Recent price drop on this Boston Beacon Hill condo for sale on Mount Vernon Street.

Boston condo for sale located at 21 Beacon Street, priced under $450,000.

To learn more about Beacon Hill condos for sale, please contact our Beacon Hill real estate office at 137 Charles Street. Yu can also contact us at 617-720-5454. The following are staff members that can help you in your home search:

Janet Lamb

Jon Finlay

Frank Mancini

Lawrence O’Connor

John Ford

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SEARCH FOR CONDOS FOR SALE AND RENTALS

For more information please contact one of our on-call agents at 617-595-3712.

Updated:  1st Q 2018

 

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