HOUSINGNEWS REPORT
FEATURED ARTICLE
GUEST ECONOMISTS
Jonathan Smoke Chief Economist at realtor.com
Peter Muoio Chief Economist at Auction.com
Lawrence Yun Chief Economist, SVP at National Association of Realtors
“Despite declining affordability from higher rates, demand will remain strong and the market will remain an overall “sellers’ market.’”
“On potential positive policy changes, some changes to Dodd- Frank will permit more construction loans for home building and less lawsuit threats coming from the Consumer Financial Protection Bureau (CFPB) towards lenders could open up the credit box to more qualified borrowers.”
“Housing inventory will be a key determining factor in the housing market. We expect further price growth to entice more homeowners to list their homes, particularly as existing homeowners have greater equity…”
Matthew Gardner Chief Economist at Windermere Real Estate
“I believe that 2017 will be the year that Millennials get into the market in full force — we will also see substantial growth of first-time buyers of all ages.”
Alex Villacorta Vice President, Research and Analytics at Clear Capital
Sean Becketti Vice President and Chief Economist at Freddie Mac
“Virtually all major metro areas have reported some level of price growth over the last year, but the degree of performance has differed widely between individual markets. This theme will continue in 2017...”
“Homebuyer affordability challenges (combination of higher mortgage rates and higher home prices) will be the biggest single challenge facing housing markets in 2017.”
Allan Weiss Chief Economist at Weiss Analytics
“The most important trends in housing this coming year will be the pervasive effects of rising interest rates.”
ATTOM Data Solutions • P2
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