Housing experts predict that interested home buyers will need the services of a mortgage broker in Denver and in other areas in the country in the following year. Forecasting real estate trends for 2014, these industry professionals say that residential property seekers will build new nests in more economical hubs in the US’ Northwest, Southeast, South Atlantic, South Central, and Rock Mountain regions, including Denver.
In an article by Erin Carlyle of Forbes, experts weighed in their two-cents by saying:
Rising prices, a reversal of underwater mortgages, and easier credit will free Americans up to move. But next time they’ll choose smaller homes in more affordable locations. Redfin is predicting that new lending regulations—which make it harder to borrow more—will send Americans to less expensive hubs like Portland, Denver, Austin, Richmond, Dallas, Houston, San Antonio, Atlanta, and Raleigh.
The booming real estate market in these areas will surely welcome home owners who wish to change addresses. As such, they can look forward to entering a world that will provide them with a lot of benefits. To take advantage of them, however, takes smarts – which a trusted mortgage broker in Denver such as The Home Loan Arranger, as well as those in the other mentioned areas can offer.
A local licensed broker is well-equipped with the knowledge that is critical to making a good purchase, or getting the most ideal mortgage loan. Entrusting your hopes of landing your dream home while working within your budget to such a professional will make sure that you get the guidance that you need toward finding the most ideal choices.
Good brokerage companies like The Home Loan Arranger will also warn you away from neighborhoods or developments that will not address your goals. In fact, enlisting their assistance is tantamount to scheduling a personal tour around the area that you wish to move to. You will be privy to firsthand information from people who know their way around the locality.
In addition, hiring a broker will improve home seekers’ chances of capitalizing on other positive trends that housing experts foresee. These include anticipated recovery from foreclosures, as well as a more convenient buying process. In the same vein, they can avoid possibilities that may dampen their hopes of owning a good home, such as burgeoning mortgage rates.
(Article Excerpt and Image from Housing Outlook 2014: 10 Predictions from the Experts, www.Forbes.com, December 23, 2013)