Zillow predicts a homeownership rate below 65 percent

January 2014
Mortgage Banking;Jan2014, Vol. 74 Issue 4, p12
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.


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