Prediction 2: Buyer demand will continue to grow As economic stability returns and personal incomes rise, the number of first-time home buyers will increase, resulting in greater competition for desirable homes and upward pressure on home prices Positive factors that fuel demand include continued population growth, rebounding personal income mates, and improving consumer confidence. President-Elect Joe Biden has proposed a $15,000 credit for first-time homebuyers, which, if passed, will further spur buyer demand