has come out with their top 5 predictions for the national housing market in 2015.

*Mortgage Rates Will Head Back Up - They are predicting that interest rates could increase to 5% by the end of the year.

*Millennials Will Impact the Housing MarketMore than two-thirds of household growth in the next five years is expected to come from millennials, according to Smoke. This generation is bigger than the baby boomer generation, so even though its youngest members will be only 15 in 2015, the market is only beginning to feel its impact.

*Builders Will Break New Ground - new construction will continue to see an increased demand and growth

*Credit Will Continue to Be a Factor

*We'll Close out the Foreclosure Crisis“We are on pace for foreclosure inventories to end 2014 down more than 30%, and next year should see a slightly greater decrease as foreclosures fall to normal levels,” Smoke said.