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Zillow's 6 Real Estate Predictions for 2016

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What’s in store for the housing market and home buyers in 2016? Find out with Zillow's predictions for the year.

Published in: Real Estate
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Zillow's 6 Real Estate Predictions for 2016

  1. Zillow’s 6 Real Estate Predictions for 2016
  2. Here are Zillow’s predictions for 2016. Each year, Zillow predicts housing market trends for the year to come.
  3. 1 In the ‘80s, the median age was 30 years old. Now, the median age is 33. First-time buyers entering the market will be older than ever.
  4. 2 which will make it difficult for low-income Americans to become homeowners. Home values are rising faster than incomes,
  5. 3 according to the latest Zillow Home Price Expectations Survey. Home value growth will be around 3.5% in 2016,
  6. 4 The current median rent in the U.S. is $1,382. Rents are predicted to reach new highs in 2016.
  7. 5 and look to the suburbs for more affordable living. People will move outside of the city
  8. 6 Hot spots will be dense, walkable suburbs with urban amenities.
  9. Check out zillow.com/research or Tweet us @Zillow Looking for more info?

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