TITLE

Zillow predicts a homeownership rate below 65 percent

PUB. DATE
January 2014
SOURCE
Mortgage Banking;Jan2014, Vol. 74 Issue 4, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the predictions of real estate operator Zillow Inc. about the housing market in the U.S. for 2014. According to Zillow chief economist Stan Humphries, homeownership rates will drop below 65 percent for the first time since 1995. Other predictions including an increase in the home prices, a rise in the mortgage interest rates, and a relief in the credit conditions.
ACCESSION #
93660627

 

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