Anxious to find out what’s next for real estate in 2015? Trends have been slow to emerge and the market has been incrementally improving each year, 2013’s market was very similar to 2014’s market; it doesn’t feel like much has changed. Members of our expert panel commented as such, but even though the increases in the market are only slightly incremental, there are new factors the industry is paying attention to when it comes to watching where the market is going. Millennials, the latest up-and-coming demographic, are now a big factor in the predictions in several areas of housing, including homebuyer statistics, new construction and the job market.
$55 bbl oil for a prolonged period might have more of an affect than we would wish