The coming year is shaping up to be a good year for homebuyers, Zillow Real Estate Research says, and especially for younger and first-time buyers.
An increase in inventory, rising rents, and demographic changes are contributing to a balanced market between buyers and sellers. Zillow’s predictions for 2015 include: growth in U.S. rents will outpace growth in home values by the end of the year, and millennials will overtake Generation X as the largest group of homebuyers.