Sentences with phrase «despite rising home prices»

Despite rising home prices, it's still more affordable to own a home than rent one in Rhode Island.

Despite rising home prices demand continues to grow.

NAR President Steve Brown says that with job growth expected this year, home sales should hold despite rising home prices and higher mortgage rates.

During this same period, Millennials also expressed weaker confidence in the health of the housing market, despite rising home prices:

Despite rising home prices, American housing is actually quite affordable.

The low (and falling) unemployment rate certainly suggests the former is very achievable; incredibly low mortgage interest rates mean the latter is theoretically more possible than ever (at least in most markets), despite rising home prices.

Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions.

Despite rising home prices in key... Read More

Despite rising home prices in many cities, more than one - fifth of U.S. homeowners are still underwater on their mortgages — that is, they owe more on their loans than their homes are worth.

Not exact matches

Despite rising debt levels and increasing home prices, Canadians continue to allocate less income toward paying off debt, according to the Canadian Household Financial Health and Consumer Credit Q1 2015 report [paywall] recently published by credit rating agency DBRS.

Yet this gain (or loss) does not appear in the National Income and Product Accounts (NIPA), despite the fact that this is how banks get customers to borrow larger debts to buy homes they hope will rise in price.

When looking back 30 years or so, home prices in the United States tend to rise by about 3 % to 4 % annually — despite the occasional bubble or bust.

Despite a potential cooling trend, home prices in the Boston real estate market will likely continue rising for the foreseeable future (i.e., the next few years).

Rising home prices, despite an increase in the national family median income ($ 67,723) 4, slightly decreased affordability in the third quarter compared to the third quarter of last year.

That despite the continued rise in prices in overvalued markets such as Vancouver and Toronto, and their view that current home prices are unsustainable in the long run, they say «there is a heightened risk of a price correction in over-valued markets.»

Despite mortgage rates hovering around three - year lows for most of the year, Yun says scant supply and swiftly rising home prices — which surpassed their all - time high last month2 — are creating an availability and affordability crunch that's preventing what should be a more robust pace of sales.

«Affordability, despite the rise in home prices over the past year, and consumer confidence are big contributors to these positive trends.

Despite a large pent - up demand from years of below - normal home sales, inventory constraints and tight credit conditions continue to impede the market, in combination with strongly rising home prices and higher mortgage interest rates.

«Despite persistent inventory shortages, the housing market has made great strides this year, backed by an increasing share of pent — up sellers realizing the increased equity they've gained from rising home prices and using it towards trading up or moving into a smaller home,» says Yun.

Despite falling foreclosures and rising home prices, institutional investor purchases remain high.

Existing - home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country.

«Despite strong rental demand in many markets, investment property sales have declined four consecutive years to their lowest share since 2010 as rising home prices and fewer distressed properties coming onto the market have further reduced the number of bargains available to turn into profitable rentals,» says Yun.

«Despite the steady rise in home prices in recent years, Canadians» mortgage servicing costs have remained close to record low levels — thanks to low interest rates and healthy income gains,» says Charles Lambert, managing director, mortgages at Scotiabank.

«Sales activity continues to run high, despite rising interest rates and home prices.

The current U.S. economy favors the growth of home buying, despite rising prices in certain areas.

Despite the rise in interest rates and run - up in home prices earlier this year, housing affordability remains intact, which should continue to benefit the housing market as consumers regain their confidence.

Yet despite low mortgage rates luring prospective homebuyers, the housing market has remained hampered by tight mortgage credit, rising home prices and thin supply of homes on the market.

Despite tight housing inventories and rising home prices, the homeownership rate rose slightly in the third quarter and reaching the highest level since 2014, the U.S. Census Bureau reported Tuesday.

Despite these bitter memories, landlords should be aware of potential competition as home prices stabilize and have steadily risen over the last year.

This is despite the fact that the housing sector, which has become a bright spot in the economy since home prices began to rebound in 2012, is expected to provide a rising contribution to GDP in 2013 and in coming years.

Despite rising energy prices and smaller households, homes keep getting bigger, according to government data.