Fiscal Times money and life editor Beth Braverman soups out good and tough news of 2016 challenges and opportunities in relatively equal measures in this round-up of trends.
Her outlook for slightly eased credit conditions is offset by an assertion that first-time buyers will continue to struggle. A slow-down in price increases has rising interest rates as the counter-weight. Being easier to-buy than to-rent, and a re-emergence of suburban appeal have opposing forces to bear as well. Braverman writes:
10. New homes will come back big time. New home construction was one of the hardest-hit industries after the housing bust. At their lowest point in 2009, developers had scaled back production by nearly 79 percent. They’re finally starting to ramp up again.
That's you, guys. Ready?