The experts have spoken; the real estate forecasts for 2017 are in. Next year, real estate trend forecasters agree that boomers and millennials will dominate the real estate market. Predictions state that the demand of the millennial and baby boomer generations will power the real estate market for the next decade.
Despite increasing interest rates, REALTOR.COM predicts that demand generated by the baby boomer and millennial generations will comprise the majority of the market with a combined buying power of 2/3 of the market.