Leading expert and economist, Selma Hepp, weighs in on what the future of the real estate market holds. Millenials are becoming a large percentage of the home buyer market, although affordability and student loan debt continues to be a challenge. Mortgage creditors will need to accommodate for the changing face of the buyers market, as minorities will account for all homeowner growth by 2020. Income inequality is becoming an ever increasing challenge as middle-income households has decreased from 65% in the 70s to 40% today.
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