Sunday, January 03, 2016
Posted by: Elizabeth Nicholas
Predictions for the 2016 Housing Market - Money
December 29, 2015
The Fed has raised interest rates, millennials are getting older...so what does next year's housing market look like?
No housing expert has a crystal ball, but Svenja Gudell, recently appointed chief economist for the housing site Zillow.com, has looked at enough data to make a pretty good guess.
She examines vast amounts of housing market statistics—everything from about where people are going to want to live to what areas will be hot to what the future could hold for renters—on a daily basis.
Reuters asked Gudell to share her insights on what she thinks the 2016 housing market will be like.