The NAR predicts that as more millennials become homeowners, existing home sales will increase. The chief economist estimates that sales will reach about 5.36 million, the highest in ten years, with an expected growth of 2% in 2017 to an average of 5.46 million, and a further increase to 5.68 million in the following year.

The rise in interest rates is another reason to consider working with a reputable private hard money lending company like M&M Private Lending Group, LLC where rates remain competitively flexible.

Call 305-363-7169 or 954-445-4434 to speak with a lending representative about our Florida private loans or visit our website at https://mmprivatelending.com to fill out an application form.