Housing 2015: The return of first-time home buyers

When it comes to the housing market, 2015 may be the year first-time home buyers make a comeback. With rents rising faster than incomes, many Millennials are expected to start looking to buy homes of their own. What they will find are much more favorable conditions than they have seen in years, including lower down payment mortgages, looser lending standards and a bigger selection of homes to choose from. Here are four housing market trends economists and other industry experts expect to see in the year ahead. [Read this article]