Warren Buffett's Berkshire Hathaway predicts major housing market change soon
Americans buying a home this year may see surprising updates on mortgage rates and home prices.
Homebuyers have faced a precarious housing market over the past few years. Rising home prices and sticky mortgage rates have made buyers hesitant, with many opting to delay homeownership until conditions improve.
Continued housing gridlock combined with economic uncertainty has dampened homebuyer sentiment further this year, with many experts predicting a tepid spring housing market.
