The U.S. housing market could get a major boost this year, specifically for single-family homes—especially among first-time buyers. Here’s why:
1. Everyone sees that the zero interest rate party is coming to an end. If you’ve been waiting to borrow, it’s getting close to “now or never” time.
2. Demand is pent-up, and pent-up things eventually get un-pent, sometimes all at once.