One expert says activity from first-time buyers is crucial to avoid the market from slowing down too much later this year
Forbes spoke with several housing market experts to find out what’s in store for the industry in the second half of 2015.
Housing professionals can count on buyer demand, as rising rents push more people to look at owning. An improving jobs market is another reason for increased housing demand.
But despite growing demand forecasters say inventory will still be short, and out of the paltry supply, most homes will be listed at higher price points, making the housing market still a tough environment for first-time buyers.