Where the housing market is heading | Home Mortgage, Financing, Refinancing, Colorado, Missouri and Wisconsin Apply Now

  • »
  • Where the housing market is heading - January 2014

loan-mortgage-loans-low-rate-low-fee Loans Madison WI St Louis MO Denver CO Hannibal MO Online Loan Applications

Home » Home Buyers | Where the housing market is heading | ‪(970) 585-4546 | Refinance  |   | Tools | | Contact 

Mortgage Loans CO - Estes Park, Denver | Mortgage Loan WI - Madison, Milwaukee | Mortgage Loans MO - Hannibal, O'Fallon

Apply Now              Buy a Home              Refinance

Where the housing market is heading (January 2014)

Home Buyers  \  January 24, 2014 05:05 pm 

Where the housing market is heading

The USCM predicted that the national GDP will reach 2.7 percent in 2014 and 3.2 percent in 2015, a significant improvement from 1.9 percent in 2013.

Most importantly, unemployment is anticipated to drop to 6.5 percent in 2014, reaching the Federal Reserve's goal to start reducing stimulus spending, according to the report. In 2015, unemployment is expected to dip below 6 percent.

"These numbers are welcome news and prove that our cities and metro areas are finally turning the corner and moving toward steady economic recovery," said Scott Smith Mayor of Mesa, Ariz., and USCM president. "Mayors have always known that as cities and their metro areas go, so goes the nation.

The bipartisan budget agreement is an example that Congress can, in fact, work together for the good of hard-working Americans, and we need this spirit of cooperation to continue for the nation's metro areas to thrive.

Housing market growth
The economic projections will play an important role in the growth of the housing market in 2014, as the Fed's fiscal policy has helped keep mortgage rates low since 2012. Cities that were hit hard by the recession can expect to see improvement in job growth and home prices. Larger metro areas such as Chicago, New York City and Los Angeles are expected to continue growing, but at a slower pace compared to smaller cities. Overall, more jobs will be a good sign for the recovery in 2014.

"It looks as if the job market will expand  which suggests another pick up in home sales in 2014," David Berson, chief economic with Nationwide, told HousingWire. "Will it be as big...probably not. We saw almost a 9% gain in 2013, but for 2014 we expect it to be closer to 5% or 6%. If you look at November and December together, they were the weakest months of the year, which was partly due to weather, mortgage rates and continuous home price gains."

While 2013 was strong year for the housing recovery, 2014 will likely be more stable, as rising mortgage rates and increased prices will appreciated a slower rate. First-time home buyers, who have frequently been outbid by residential investors in 2013, will be able to find more opportunity in the new year. 

fha-loan-purchase-a-new-home-get-approved-home-buying-couples Missouri Wisconsin Illinois Missouri ColoradoMortgage Lending Real Estate Knowledge Base

Questions about buying or selling your existing home?  

Categories:  All | Choose a REALTOR | Working with a REALTOR | Buying | Selling Financial | Homeowners

 «  1 | 2 | 3 | 4 | 5   » 

Mortgage and Real Estate News Categories

Buyers |  | Market Conditions |  |  | Mortgages |  |  | Purchase |  |  | Realtor |  |  | Refinance

Home Financing Archive

August 2013 | September 2013 | October 2013 | November 2013 | December 2013 | January 2014 | February 2014 | July 2014 | August 2014 | September 2014 | October 2014 | November 2014 | December 2014 | January 2015 | February 2015 | March 2015 | April 3015 | May 2015 | June 2015 | July 2015 | August 2015 | September 2015 | October 2015 | November 2015 | December 2015  |  January 2016 | February 2016 | March 2016  


Real Estate Lending Options

Home Borrower Tools

How Much Can I Borrow? | Mortgage Calculator | Mortgage Rates | Forms

About Lendem Financial

Company | Senior Loan Originators 

Home Purchase Loans in Madison and Milwaukee WI  

Mortgage Loans Springfield, Hannibal, St. Louis, MO

Purchase Real Estate Loans Denver, Boulder, CO

Google Maps: Mortgage Loans Madison WI | O'Fallon MO | Denver CO

Facebook: Mortgage Wisconsin | Mortgage Missouri | Mortgage Colorado

Apply Now              Buy a Home              Refinance

  ‪(970) 585-4546

VA Home LoansFHA  and USDA Home Loans  in ColoradoIllinoisMissouri  and Wisconsin
TMortgage Loans Colorado Madison WI, Denver CO, St Louis MO | ‪(970) 585-4546 | Mortgage Calculator Options with Loan Quotes. Get Started Now With LF Loans Mortgage! Lock Your Rate - Calculate Payments - Compare Loans - Skip the Bank - Types: FHA Loans, HARP, VA Loans, ARM | Boulder, Ft Collins, Aspen, Pagosa Springs, Colorado Springs, Pueblo, Golden, Grand Junction, Steamboat Springs, Denver CO, Hannibal, Springfield, Troy, O'Fallon, St Louis MO, Chicago, Quincy IL | Home Loans in Armenia WI, Baraboo WI, Beaver Dam WI, Beloit WI, Brooklyn WI, Columbus WI, Deforest WI, Dell Prairie WI, Dodgeville WI, Edgerton WI, Fitchburg WI, Fort Atkinson WI, Germantown WI, Green Bay WI, Green Lake WI, Janesville WI, Lacrosse WI, La Valle WI, Lake Delton WI, Lake Mills WI, Lodi WI, Madison WI, Mauston WI, Mazomanie WI, Merrimac WI, Middleton WI, Milton WI, Milwaukee WI Monroe WI, Montello WI, Mount Horeb WI, Necedah WI, Oregon WI, Platteville WI, Portage WI, Prairie Du Chien WI, Princeton WI, Reedsburg WI, Ripon WI, Rome WI, Spring Green WI, Stoughton WI, Sun Prairie WI, Tomah WI, Verona WI, Watertown WI, Waunakee WI, Windsor WI

Questions about Lendem Financial mortgage loan options? Why you should think about using a mortgage broker vs a bank? Using a Mortgage Loan Officer that has access to all sources of lending institutiuons helps people get the best loan for their situation and offers all options on the market vs the programs at one bank. Call Todd Rubick of Lendem Financial and tell him why the bank said no... If your tax returns do not show your true income, or credit is less than perfect... Full service all source lending strategies will be offered for those that need them.