Monthly Real Estate Tips
From Dave and Sharon Moore, Your Real Estate Company
Dave@EmailAddress1  | 555-555-5556  |  Sharon@EmailAddress2  |  555-555-5555
Are you wondering what's in store for the 2015 real estate market?  Here's a look at current housing trends and some experts' predictions for the year ahead.
By the way, if you or anyone you know has a real estate need, please contact us today. We'll always provide first-class service!
Dave and Sharon Moore
Dave and Sharon Moore
Dave: 555-555-5556
Sharon: 555-555-5555
What to Expect from the 2015 Housing Market

Here are some top predictions by housing experts for the coming year:

Home Prices Will Rise, Just Not as Fast

Zillow expects home prices to rise by just 2.5 percent in 2015, while CoreLogic, a data and analytics company, predicts a 5.2 percent increase.  Either figure is likely to be lower than the final tally for home price appreciation in 2014, which will probably end up being between 5 and 6 percent.
Media reports are finally starting to calm down about the slowdown in price appreciation, which is actually a positive sign indicating that we are entering a more normal and sustainable housing market.

Interest Rates Will Rise Slightly

percent sign
No one appears to expect a huge jump in mortgage interest rates in 2015. The general consensus is that by the end of the year they could be up to 5 percent, around 1 percent higher than they are now.

An increase from 4 to 5 percent would mean paying approximately $60 more per month in principal and interest for every $100,000 borrowed.  

"Millennials" Will Be the New Home Buying Force

Move over Gen X'ers, 2015 is the year that Millennials (people under 35) are expected to take over as the largest home buyer segment. Many in this age group had to put marriage, parenting, and household formation on hold during the recession, but now their employment picture is especially strong, and owning a home is high on their list of priorities.

Lower-Priced Homes Will Be Hot Items

An increase in younger home buyers starting their own households is expected to create more demand for entry-level priced homes in 2015.  Sam Khater of CoreLogic notes that in the fall of 2014 lower-priced homes were appreciating at 1.5 times the rate of higher-priced homes in all top 25 markets.  Builders are expected to respond by focusing on more affordable housing communities, after several years of targeting the higher price tiers.

The Rental Market Will Sizzle

house for rent sign

Zillow's chief economist Stan Humphries predicts a 3.5 percent increase in rents nationwide next year.  Many Millennials moving forward are still saddled with enormous student debt, and need to pay it down or at least save up for a down payment before they can purchase a home.

More Homes Will Go Up for Sale

Rising home values are allowing formerly underwater homeowners to finally list their homes, and 36 percent of respondents to a recent survey by Trulia said that 2015 would be a better year to sell than 2014.  (16 percent thought the opposite.)  Most housing experts expect a boost in housing inventory this year, which should help alleviate the shortages seen in parts of the U.S.

Getting a Loan Will Become Easier

Last fall Fannie Mae and Freddie Mac, the government-sponsored lending entities that buy around two-thirds of all home loans, removed penalties imposed upon lenders for various situations.  This means that it is now safer overall for banks to lend money.  They also lowered the down payment requirement for conventional loans from 5 percent to 3 percent for first-time buyers.

More Homes Will Be Sold

The total number of homes sold in 2015 is expected to rise compared to 2014, with CoreLogic's Sam Khater predicting a 9 percent increase.  The Mortgage Bankers Association expects a 15 percent increase in new mortgages for purchases.  

These are exciting trends in the housing market, and fortunately far more positive than the ones we were looking at five years ago.  One thing to keep in mind is that while there are sound reasons supporting the predictions summarized here, experts can be wrong and a year ago headlines were not forecasting interest rates being back down to 4 percent or oil at under $50 per barrel. :)  It will be interesting to see how market factors play out in 2015.

(*What the lawyers make us say: The information in this newsletter is deemed reliable but not guaranteed. Please always consult a qualified expert before making decisions based on this content. Nothing in this article is meant to be taken as expert legal or financial advice.)

Recent Market Highlights

chart icon
- U.S. home prices rose 4.6 percent year-to-year in October 2014, according to a recent S&P/Case-Shiller report. They rose 5.0 percent year-to-year in November according to CoreLogic, a data and analytics company.

- The national average 30-year fixed mortgage rate recently is around 4 percent.

- The Pending Home Sales Index rose 4.1 percent year-to-year in November 2014, according to the National Association of Realtors®.
Note:  Most housing statistics are based on closed sales and typically reflect market conditions of two or three months ago.  To find out what's going on right now in your local market, please call us directly.

House icon
Contact Us for Market Info
Are you curious about your home's current market value, or do you have a question about home buying? Just reply to this email, or call us at 555-555-5555.
Links that Make Life Easier

Sometimes real estate-related, sometimes not... these are assorted links that come in handy:

7 Natural Cough Remedies for Persistent and Dry Coughs
If flu season has you down with a bad cough, here are some natural remedies that might provide a bit of relief.

Winter Party Games for Kids
A collection of fun activities that will keep kids entertained indoors.

"Contemporary House Design Photos at"
There are some really beautiful and unusual interior finishes in this photo collection. (The site may prompt you to create a free account at some point in order to keep browsing.)

How to Start an Online Store
Tired of commuting and ready to start working in pajamas? The "My Wife Quit Her Job" website could be a good source of advice for at-home e-commerce ventures.

White Bean and Roasted Mushroom Soup Recipe
A great winter recipe from the "She Wears Many Hats" website.

The Lighter Side
screenshot and link to video

We all know that Border Collies are smart enough to take over the world (and work-oriented enough to cook you lunch afterwards), but this video is final proof.  Be sure to watch it with the sound on if you can, the music is a key part of the video and adds a really funny touch.

Click here or on the image to watch the video on the family-friendly Flixxy website..

envelope icon forward to a friend
Forward this newsletter to a friend!
(Your friends will not be added to any mailing list.)
Your Resource for Real Estate
Dave and Sharon Moore
Are you thinking of buying or selling a home in the next year, or could you use some remodeling advice? Even if you just need the name of a good service provider, please remember that we're always here to help you. We welcome the opportunity to serve you, your friends and associates with our expertise and recommendations.

Please give us a call today at 555-555-5555 if we can be of assistance!


Dave Moore (Any designations here)
Sharon Moore (Any designations here)
Your Real Estate Company

Dave:  555-555-5556
Sharon:  555-555-5555

Google Plus
(All social media icons link to your pages and are optional. More are available.)
View this email in your browser
You are receiving this email because of your relationship with Dave and Sharon Moore. Please reconfirm your interest in receiving this newsletter. If you do not wish to receive any more emails, you can unsubscribe here.
If you are currently working with another agent this is not an attempt to solicit that business.

©Copyright 2015 Tools For Real Estate

Your Business Street Address, Your Town, Your State, 55555