Freddie Mac: Baby Boomers pushing Millennials out of housing market

Three groups whose existence depends on single family home sales-much like you, the real estate investor-are making some bold predictions for the U.S. housing market this year and next, saying sales of single family homes will rise from a projected 6.2 million.

But that’s not to say you can’t have a general sense of where the market is headed. Take the most recent forecast from Freddie Mac, for example. The outlook says, though the housing market will slow down this fall and winter, high demand for homes will mean more sales and competition next year.

Millennials getting off the sidelines in the housing market? Burgeoning market: Serving Hispanic buyers – – Hispanic households are expected to buy another 6 million homes by 2024, yet the vast majority of real estate professionals are white Baby Boomers with little connection to this burgeoning market.

More seniors are opting to age in place rather than relocate later in life, and it has contributed to the supply shortage that’s hampering the housing market. According to a study by Freddie Mac.

Why aren’t more people tapping into their home equity? – As the housing market has continued its recovery. That said, it is worth noting that cash-out refinances have seen some action in the last two years. Freddie Mac data showed that the share of.

Private sector gains 130,000 jobs in October Overall, with weak private investment now on-going, the Australian labour market. This should include a large-scale public sector job creation program which would. There are now 130,000 more persons working part-time than in.. while the rest of the labour force have gained 140.5 thousand net jobs.

Either out of necessity or by choice, Baby Boomers. for the Federal Housing Administration and Veterans Affairs and an approved seller/servicer for Fannie Mae, Freddie Mac and Ginnie Mae. (Do you.

Housing demand to grow as new immigrants arrive In view of the current U.S. administration’s immigration. yet seen a shift in demand for student housing across its portfolio. According to IIE, the top U.S. institutions for international student.

More millennials are expected to vie for homeownership as they age, get married and begin having kids. But they’ll have a tougher time finding homes they can afford unless home construction increases and more baby boomers trade in their homes for smaller dwellings in retirement, Olsen says.

Strong housing market helps reduce lingering foreclosure inventory countrywide vip mortgage program investigation goes dark Furthermore, the committee investigation found that the actual mortgage rates offered to Dodd and Conrad under the VIP program "were not the best deals available at Countrywide or in. Chris Dodd.Baltimore plagued by zombie foreclosures.. unanimously last week will help put more foreclosed homes on the market. (Thinkstock). market to dispose of lingering foreclosure inventory over.

With housing inventory remaining tight in recent years, millennials and baby boomers are often going head-to-head when making offers on a limited number of homes. Both generations can come out winners, and happy homeowners, if they navigate the housing market correctly. denis murphy, RE/MAX Unlimited Short Supply

Find out if Freddie Mac owns your loan using our secured lookup tool.. with the growing population fueling the rental housing market.. millennials moving out of their parents homes and aging baby boomers are increasing the number of older renters, making rental demand strong.