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When setting your goals for the coming year, consider the following 2015 real estate trends which will be accelerating the housing recovery... More Buyers Consumers are feeling better about the housing market because they're feeling more optimistic about their own economic situations. An October Fannie Mae survey reported that 45% of reĀspondents expect their personal financial situation to improve in the next 12 months, up from 38% a year ago. First-Time Homebuyers First-timers typically account for 43% of all houses sold, yet they make up only 30% of the current market. Experts think this important segment will increase toward normal levels in 2015. Immigrants Immigration reform will lead to more immigrants formĀing households. The BiPartisan Policy Center estimates a $68 billion annual increase in spending on residential construction by new immigrants. Lower Foreclosures Foreclosures will continue to decline a...
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