Housing Forecast into 2016...Where are we headed?

Fannie Mae’s Housing Forecast

2016 is Fast Approaching!  Fannie Mae always does an annual forecast for the next year.  We found this information interesting you can see where 2015 went and where 2016 is headed based on their information.  The good news is its all forecasted to keep going up, home sales up, housing starts up, unfortunately that means interest rates will go up too.  Take advantage of them now while they are still low!  Contact The J Team Fort Lauderdale at 954-235-3589 and schedule your real estate consultation today!

Some Highlights: 

• 30-year fixed mortgage rates are projected to increase steadily over the next year.
• Housing Starts will well surpass 2015 numbers.
• Home Sales will reach an annual rate of over 6 million by the fourth quarter of 2016.

Search Fort Lauderdale homes on the go http://JTeamFL.com