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Wednesday, January 8, 2014

First Time Home Buyers Still Need Realtors’ Help

Since the U.S. housing bubble burst in 2008, sales in the real estate market is largely made up of foreclosed properties. However, the economy's gradual improvement has led to more homes returning to stable prices. Consequently, real estate experts predict a 7-percent improvement in home prices throughout Utah as opposed to around 3 percent overall for the rest of the U.S.

That's if things would go well in the foreseeable future. Keep in mind that the market has the tendency to go up and down as it pleases. A first time home buyer, in this case, might want to consult a real estate expert before delving into today’s market.

For example, some realtors said Utah already hit its lowest house price levels in January 2012, followed by an 8-month period of improved equity and an 18-month period of increased sales. This is not a guarantee that the worst is over for Utah; but things can get better for every homebuyer in the state.

That's why you'll want the help of established mortgage companies. Every good home purchase starts with the right mortgage company. Professionals can surely take your financial needs to heart and give you the best plan possible to get the home of your dreams.

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