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Real estate pro's 2015 forecast: Axis of housing happiness

Posted by Bonnie Martin Designated Broker on Tuesday, December 23rd, 2014 at 10:59pm. - Next year is going to be a great one for real estate, two pros in the sector told CNBC on Monday. 

For broker Fred Glick, it's all about jobs, oil prices and interest rates, which translate into more money in consumers' pockets and more confidence.

"This is all going to turn around to a happiness. I call it the axis of housing happiness in that you have jobs, you have low oil prices and you have low interest rates."

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Photo:  ©[OleksandrMarynChenko]/123RF.COM

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