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Report Predicts Big Year for Housing in 2015 Based on Recent Government Actions

HandGrabbingHouse [1]With 2015 less than two weeks underway, Fitch Ratings [2] is the latest forecaster predicting great things for housing in the coming year. However, unlike other commentators, whose projections were based on encouraging market trends, the ratings agency says it's a combination of recent government actions that reinforces its view.

In a report [3] released Monday morning, Fitch outlined five big events—all of which have taken place in the past few months—that, taken together, "could have a relatively meaningful impact on home buyer psychology, pent-up demand and housing trends in 2015 and beyond," the company says.