Wednesday, October 5, 2016

Predictions Roll in: 2017 Housing Forecasts

http://realtormag.realtor.org/daily-news/2016/10/03/predictions-roll-in-2017-housing-forecasts?om_rid=AADG2i&om_mid=_BX8s3dB9TOylKm&om_ntype=RMODaily

Wow - this is great. We are selling and homeowners are accumulating wealth.

NAR is predicting existing-home sales to reach 6 million in 2017, higher than its 5.8 million forecast for this year. But other entities are even more bullish. MBA is predicting home sales to eclipse 6.5 million next year, while Fannie Mae and Freddie Mac are both predicting 6.2 million.

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