Predictions For What The Housing Market Will Bring In 2016

Galleria

Galleria International Realty | Fort Lauderdale's Premier Real Estate

The home market continues to change as we enter 2016. What will change? What will stay the same?

1. As More Homes Come Into The Market In 2016…

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Home prices will not rise as rapidly. Supply and demand will begin to even out.     Click here to learn more.

2.The West Will Continue To Remain Hot

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Home prices in cities such as Denver and San Francisco rose steeply in 2015. Cities in Western states will continue to show the most gains.  Click here to learn more.

3. Mortgage Rates May Rise Again

Galleria International Realty | Fort Lauderdale's Premier Real Estate

We saw interest rates rise in 2015, Freddie Mac has predicted they will increase again by the end of 2016.   Click here to learn more.

4. As Jobs Increase, So Will Homebuyers

Galleria International Realty | Fort Lauderdale's Premier Real Estate

The job market continues to look bright. As more people get back to work, they’ll be looking for homes.  Click here to learn more.

5. Student Loans Will Continue To Plague Millennials

Galleria International Realty | Fort Lauderdale's Premier Real Estate

Student loans are at an all time high. They will continue to block Millennials from buying a home.  Click here to learn more.