Magnolia Property Solutions, LLC

Real Estate Investing

What 2015 Might Look Like

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Freddie Mac released its U.S. Economic and Housing Market Outlook for November.  Let’s see what 2015 has in store for us!

1. Mortgage Rates: Interest rates will likely be on the rise next year, up to 5 percent by the end of the year.

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2- Home Prices: After a slowing in 2014 from 2013, it is expected that appreciation will drop further to an average of 3 percent in 2015.
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3- Housing Starts: New home building is expected to rise by 20% from this year.
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4- Single family loans: Mortgage loans for single family homes will likely drop by 8%, attributed to slowing of refinancing.
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5- Multi-family loans: Loans for multi-family properties are expected to rise 14% in 2015.
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Read the article for more information at:  Freddie Mac Real estate predictions for 2015.

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