Business & Investments

URC Expert Shares Reasons Behind the Slow Spring in the Us Housing Market

(PRWEB) June 11, 2014

A US based real-estate expert working for a renowned financial consulting firm, United Relief Centre, has recently shared his expert analysis of the current housing market situation in the US. Major resources including the Wall Street Journal confirm that the spring did not experience the start that was predicted. However, according to the real estate expert from the United Relief Centre, there are too many variables involved in determining the direction of the market, and therefore, it is too early to predict where the market will turn in the future.

According to the URC expert, one of the major reasons behind the slow start in the spring is the housing prices in most of the major markets. However, he states that the market will go into a late bloom. “It won’t be the first time we witness a slow take off. There are numerous reasons that can lead to such situation. First, there is the price, which is currently higher than what people are willing to pay and then there is the fact that winter was longer than usual this time around. Yet, in any case, we know that these are temporary factors and the market will rebound before we know it,” the expert states.

Backing the claims, the expert shared a recent report by the Mortgage Bankers Association that reveals a rising trend in the number of applications for home loans. After his analysis of all the recently shared numbers and stats, the URC expert predicts the heat to pick somewhere near the second quarter.

The expert, who has more than a decade worth of experience in the US housing market, advised the homebuyers to view current situation in a more positive light. “There is always a silver lining. The slowdown is indicative of how the industry has swiftly moved towards recovery during the past two years. The recent slump in the numbers is only natural because there are lesser distressed properties to buy,” he adds.

More information regarding United Relief Centre and its panel of experts can be found at http://www.unitedreliefcentre.com.

About United Relief Centre

United Relief Centre is an organization founded by a team of financial experts from the US and Canada. The organization provides advocacy and support to people looking for financial help in the areas of real estate, investing, credit, and debt settlement. The major objective of the organization is to bridge the distance between those who seek help and those who are able to provide it. It spreads awareness regarding relief programs, mortgage products, and financial help options that are available for people in financial distress. By promoting better awareness of available options, URC aims to help people improve their financial standing and play a better role in economic development.

For contact, please use the following details:

Contact Details

Address:

500 King Street West

Toronto

Ontario M5V 1L9

Phones:

+1 416 900 3825

+1 416 900 3881

E-mail:

info(at)unitedreliefcentre(dot)com

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