Growing Job Markets Could Lead To Big Business For Mortgage Professionals
With any growing job market comes an influx of folks looking for a better opportunity. As job seekers migrate from one city to another, it brings more opportunity for mortgage professionals to capitalize on those looking for a new home.
A recent report from National Mortgage News shared some of the fastest growing job markets where mortgage professionals have the potential to do plenty of business.
"We went looking for what is powering these modern American boomtowns. We found it is not just tech jobs, city size or affordability, even though those do help," said Ralph DeFranco, global chief economist for Arch Capital Services, according to NMN.
"We think it's encouraging that there are multiple routes to becoming a magnet for economic activity. Strong growth can come from a favorable business climate, a strong tech sector and, of course, some luck in being well located for today's growing industries and younger workers' desire for outdoor recreation."
The top 15 list of fastest growing job markets includes Cape Coral, Florida; Orlando, Florida; and Boise City, Idaho. For the complete list, click open the image above.
