As 2015 approaches, real estate experts across the industry are making their predictions on what we can expect from the housing market and the economy in the new year. While there are still obstacles that will need to be overcome as the housing industry and overall economy continue to improve, many experts anticipate that 2015 will be a better year than 2014.
Forbes.com recently compiled eleven expert predictions for the 2015 housing market and overall economy. Some of the predictions touch on the economic fundamentals that will drive the housing market in the coming year; the direction home price appreciation will take and its relationship to home affordability; the pace of new and existing-home inventory; and the trajectory of mortgage interest rates. To read more, visit http://onforb.es/1tm1c2G.