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Housing Market

Nela Richardson, chief economist, Redfin
 
Last summer homeownership dropped to a 50-year low, rebounding a bit in the fall, says Nela Richardson. But with Millennials starting to age into the starter-home-seeking bracket, there's a huge opportunity. "Going into 2017 we're on really good footing," she says. Political factors could be the game changer, making the housing market vulnerable or housing healthy and strong, she says.