REAL ESTATE TRENDS: WHAT’S HOT, WHAT’S NOT FOR 2016?

mortgage-bankers-hold-natl-conference-in-s-f.jpg

AS 2015 COMES TO AN END WHO WILL BE BUYING AND WHERE WILL THE HOT MARKETS BE FOR 2016?

In the yearend of last year, the U.S. Federal Reserve was predicted to raise interest rates for this year which propelled prospective homebuyers to take action, however, 2015 proved that prediction wrong. This time, that pattern may no longer come to be.

"Buyers now don't seem to be all that spurred or driven by a rate increase," says Nela Richardson, chief economist of Redfin. "That lack of urgency will translate into next year's housing market. There's interest, but there's not a lot of inventory to buy."

 With 2015 nearing its end, here are some of the real estate trends that are expected to come with the New Year, U.S. News reports:

Click here to read more. 

 

 

 

 

Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA   90069

keith.kaplan@sothebyshomes.com

310-646-7791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Be the first to comment

Please check your e-mail for a link to activate your account.