What to Expect from the Housing Market in 2016

Homeowners could see price gain, and first-time buyers might find it easier to borrow

 

January 8, 2016
What to Expect from the Housing Market in 2016
What to Expect from the Housing Market in 2016

House prices have risen over the last four years and should post another modest gain this year. 

In the Washington Post, Moody's chief economist Mark Zandi lists a few major macroeconomic trends for 2016, including gains in prices. Fortunately for owners, regulatory changes make this a more stable environment than what existed a decade ago.

Also, first-time buyers should find it easier to get a mortgage, and rents will continue to rise.

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