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The new decade will start with a big economic boom, and we’ll have the real estate market to thank.

Fannie Mae, the federal mortgage association, is predicting housing will fuel economic growth in the first part of 2020.

For the first time in a year-and-a-half, the third quarter added to gross domestic product growth – and momentum is expected to carry over well into the second quarter of next year.

Housing may positively impact growth for the foreseeable future, if both new and existing sales are to continue. Pending home sales, construction starts, permits and home improvements are also showing signs of growth and are expected to support the economy in a meaningful way, according to Fannie Mae.

The robust real estate activity may be attributed to consumer demand, mortgage rates and reasonably priced homes.

The new year can be yours for the taking, especially given these favorable conditions that are giving rise to widespread economic prosperity.

If you’re thinking about starting the new year in a new home in the Fort Collins area, 2020 will soon be here, and it could be your time.

Our mortgage programs include a variety of powerful tools that will put you in a position of strength to take advantage of the housing market as it continues to soar.

Whether you’re looking for an FHA loan, which is backed by the federal government, or a conventional loan program, we’ll work with you to try to find a solution that fits your needs and helps you reach your 2020 goals.

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