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Millennials, which usually fall into the first-time homebuyer pool, are predicted to start moving into the housing market soon as they opt out of renting. Unfortunately, this forecast report states that what was once a great time to buy for young buyers, is turning into a time filled with a lot of roadblocks.

Key Takeaways:

  • Millennials, which usually fall into the first-time home buyer pool, are predicted to start moving into the housing market soon as they opt out of renting.
  • The website adjusted its prediction for next year right up to the wire in order to take in account President-elect Donald Trump.
  • The changes fueled realtor.com’s estimate that the 2017 housing market will be a year of slowing, yet moderate growth.

“The website adjusted its prediction for next year right up to the wire in order to take in account President-elect Donald Trump.”

http://www.housingwire.com/articles/38624-will-interest-rates-price-millennials-out-of-the-market-before-they-can-even-jump-in

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