By Jim Woodard, Kankakee Daily Journal
Most housing analysts are predicting substantial growth in housing activity in 2015 -- much more than has been experienced during the past year.
For example, the Wells Fargo Economics Group's "2015 Economic Outlook," subtitled "A whole new ball game," predicts that the housing market will continue its recovery and gain momentum in 2015 after a disappointing 2014.
Wells Fargo cites a number of reasons in the report for its optimistic housing market predictions for next year, namely easing of credit, job and income growth, and mortgage rates nearing their lowest levels in a generation.
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