First-time buyers will make a comeback into the housing market next year.
That's according to Realtor.com, which forecasts strength in the US housing market in 2015.
"The residual financial effects of recession-driven job losses and subsequent unemployment have impeded millennials' entry into the home-owning market," writes Jonathan Smoke, chief economist for Realtor.com.
"In 2015, increases in employment opportunities will empower younger buyers to return to the market and fuel the continued housing recovery."
Minneapolis/Saint Paul Metro area poised for strong residential real estate growth in 2015
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