Understanding how home prices might change over the next twelve months in key markets is crucial to making smart housing market decisions. LoanPage.com, a complete source of mortgage loan tools and lenders, can help homeowners researching home loans or mortgage refinancing in their particular market. The mortgage quote tool now available on LoanPage.com makes finding lenders easy. Additionally, the articles and resources on the site provide helpful tips (http://www.loanpage.com/).
A recent forecast from Fiserv indicates that several major markets may experience dramatic price changes in the next year. Buyers and sellers need to understand these local housing markets before making real estate decisions. The top five best housing markets, according to Fiserv, include McAllen, Texas, with prices estimated to go up 9.8 percent by April next year. Other top markets include:
- Tulsa, Okla.
- El Paso, Texas.
- Scranton, Pa.
- Rochester, N.Y.
The worst housing markets are predicted to be:
- Fort Lauderdale, Fla.
- Phoenix, Ariz.
- Nassau and Suffolk areas of New York.
- Miami, Fla.
- Las Vegas, Nev.
According to Celia Chen of Economy.com, "Once the correction from the boom works through, we'll see slow, steady growth." Homeowners unsure of what loan product best fits their needs or who are looking for the right mortgage lender can turn to LoanPage.com's mortgage quote tool to get the process started. The articles on LoanPage.com also provide helpful information for homeowners on the best and worst housing markets, including what to do before selling a property and how to tell if it's time to buy (http://www.loanpage.com/).
LoanPage.com is a complete source of mortgage loan tools and resources, including calculators and a mortgage glossary. Visitors can find answers to the most common loan questions, download a loan application or find lenders in their area.