Soaring home prices have priced out many people from the housing market, especially millennials. According to Realtor.com's 2018 Housing Market Forecast, that could all change next year.
Realtor.com predicts that inventory issues will turn around, helping to slow rising home prices. They have already seen improvements at the end of 2017, and expect new construction to improve inventory issues even more.
Danielle Hale, Chief Economist at Realtor.com, discusses the other forecasts Realtor.com is making for 2018. They believe Southern cities will lead the country with the highest growth rates.
Hale notes that nothing is for certain, especially given the proposed tax reform bills in both the Senate and the House. If those proposals pass and are signed into law, they could have significant impacts on incentives to move and buy a new home.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up
Chris Marquette of POLITICO breaks down how the FAA is cutting flights and facing a critical shortage of air‑traffic controllers amid the government shutdown.
