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The Factors Other Than Interest Rates Impact the Housing Market

Apart from interest rates, a number of other factors impact the housing market. While interest rates are important in describing mortgage rates, many other factors can have significant effects on the current state of the Home loans market.

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The Factors Other Than Interest Rates Impact the Housing Market

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  1. Capitol Lending Group Your Personal Mortgage Consultants for Life. www.capitollg.com

  2. About Us

  3. What Factors Other Than Interest Rates Impact the Housing Market? • Demand and supply • Economic factors • Demographics • Government policies • Technology and real estate

  4. It's an unusual time in the housing market for both buyers and sellers. While buyers struggle with increasing loan rates, sellers struggle with closing successful sales. There may appear to be no victors in this game at times. So, how do you make your way through this complicated industry? The trick is to become acquainted with the intricacies of home loans in florida.

  5. Demand and supply Just like goods and services, the housing market also experiences fluctuations in price because of changes in demand and supply.

  6. Economic facors The financial stability of a country's economy is also crucial in determining housing  market pricing. • Demographics Population demographics is essentially data describing the country’s population. This demographic data consists of the age, gender, and socio-economic status of its people.

  7. Government policies Government policies can also impact the housing market in a big way. The US government has the power to come out with laws to temporarily hinder or boost the housing demand. • Technology and real estate This often overlooked factor also plays a role in determining the prices of the housing market. New technologies are making inroads into both the residential and commercial real estate industries.

  8. Have any questions? Mail us at Ryan@capitolLG.com. You can also call these numbers: Florida Office: (954) 533-2024 Georgia Office: (404) 595-2212. Address: Capitol Lending Group 5485 Wiles Rd STE 405, Coconut Creek, FL 33073 www.capitollg.com

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