Morning Minute: Four reasons Freddie Mac is optimistic about this year’s housing market

Spring is nearly here and Freddie Mac anticipates a strong homebuying season. In fact, Freddie Mac’s March U.S. Economic and Housing Market Outlook predicts that 2015 could be the “best  year for home sales and new home construction since 2007 when total home sales were about 5.8 million for the year.”

Freddie Mac points to four economic trends that could help make this spring a busy and recovering housing season:

  • High affordability
  • Improving labor markets
  • Rising rents
  • Expanded credit availability

Click here to find Freddie Mac commentary, videos and more on the latest outlook report. And read an article, “Freddie Mac: 2015 best year for home sales in 8 years,” from HousingWire.

In other headlines:

DuPage program encourages developers to build green – Daily Herald

Repeat Foreclosures Jumped in January – Daily Real Estate News

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