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Here are Zillow’s predictions for 2016.
Each year, Zillow predicts housing market trends for the
year to come.
1
In the ‘80s, the median age was 30 years old.Now, the median age is 33.
First-time buyers enteringthe market will be older
than ever.
2
which will make it difficult for low-income Americans to become homeowners.
Home values are rising faster than incomes,
3
according to the latest Zillow Home Price Expectations Survey.
Home value growth willbe around 3.5% in 2016,