Sentences with phrase «rising home prices mean»

Rising home prices mean that demand is rising for homes, and people are seeing rising wages.

Back in 2012, BMO Financial Group tackled the same issue, noting that rising home prices meant real estate formed a disproportionate amount of couples» net worths.

Not exact matches

This means we have a billion dollars of investment in our downtown and we have the highest rising home prices in the mid-South last year.

The increases in credit and house prices were inter-related, with credit availability fuelling the price rises, while rising house prices meant people had to borrow larger amounts to achieve home ownership.

«This could mean that they're actually putting down the same amount of money, but it's a smaller share due to rising home prices.»

Lower interest rates, slower amortization rates («interest - only loans»), lower down payments and easier credit terms enabled millions of Americans to take on huge debts today with the hope of reaping huge capital gains sometime in the future — or simply to avoid having to pay more as home prices rose beyond their means.

This means that the total cost of housing is going to be much more expensive for them, even before considering the rise home prices since 2012.

If the answer is yes, rising rates may simply mean fewer competing bids and lower home prices — in other words, the home that formerly fetched $ 250,000 may only sell for $ 230,128.

Rising home prices this year could mean another real estate boom — or another real estate bubble.

Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $ 1.86!

For anyone buying a home for $ 700,000 — a common list price in Vancouver and Toronto — that means the minimum down payment will rise to $ 45,000 from $ 35,000.

Rising home prices this year could mean another real estate boom — or another real estate bubble.

What this means is that the average home price during the third quarter in 2012 was $ 285,000, and rose to $ 360,000 just one year later.

That's because in some cities, home prices are still reasonable, and buoyant economies mean prices are destined to rise higher.

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.

While home ownership used to be a mainstay of the «American Dream,» rising housing prices and changing priorities mean not...

Dating back to 2000, electricity prices have risen by 80 % in Germany, leaving 7 million citizens «energy poor» (meaning that more than 10 % of their income has to be spent on heating and electrifying their homes).

A rise in median price could also mean that homes at the lower part of the market are selling and leaving the market.

Mixed with the cold weather, rising home prices, which are rising faster than incomes, are also giving «pause to some potential buyers, while at the same a lack of inventory means insufficient choice,» Yun says.

«The combination of rapidly rising home prices — along with strong demand from institutional investors and other cash buyers able to buy at the public foreclosure auction or an as - is REO home — means short sales are becoming less favorable for lenders.»

Families with children often buy homes in late spring, but rising prices and lack of homes for sale may mean more families home - shopping into fall.

Rising sales are bringing down inventory and creating much more balanced conditions around the county, which means home prices will be rising in more areas as the year progresses,» YunRising sales are bringing down inventory and creating much more balanced conditions around the county, which means home prices will be rising in more areas as the year progresses,» Yunrising in more areas as the year progresses,» Yun said.

Their study, published in February, used the Chicago metro area as a test case to predict what rising home prices and interest rates will mean for housing turnover.

«We also have tight inventory in the lower price ranges where many starter homes are found, but rising new - home construction means some owners will be trading up and more existing homes will be added to the inventory.

With the price of homes continuing to rise, this means real estate investors have a good chance of making some quick cash by buying, fixing up, and selling a home.

Whatever the reason, a rising metropolitan home price doesn't mean all homes in the metro area are rising in price.

More inventory will mean a slower rise in home prices and rents.

They say steadily rising home prices in Palm Beach, Broward and Miami - Dade counties mean...

Of course, the combination of both higher home prices and mortgage rates in the fourth quarter of 2017 compared to the same period a year prior means that the salary needed to buy a home rose in all markets.

More homes on the market and higher prices mean real estate agents» incomes continue to be on the rise.

(When the affordability index rises above 100, it means that the average household earns more than enough to afford mortgage payments on a median - priced home.)

Also rising are the gains in median home prices, meaning that there aren't just more homes selling as of lately, but that the price at which those homes are selling is increasing, as well.

«Although home prices are stabilizing and sales are rising, some buyers still have to jump through a lot of hoops to convince a lender that they are creditworthy, even for a mortgage that would be well within their means.

Paired with rising home values, lower shadow inventory means it could take longer to find the right home at the right price.

«Rising mortgage rates and rising housing prices over the past six months are making it more challenging for the typical family to purchase a home without stretching beyond their means, especially in the Northeast and along the Pacific Coast,» says Frank Nothaft, Freddie Mac's chief econRising mortgage rates and rising housing prices over the past six months are making it more challenging for the typical family to purchase a home without stretching beyond their means, especially in the Northeast and along the Pacific Coast,» says Frank Nothaft, Freddie Mac's chief econrising housing prices over the past six months are making it more challenging for the typical family to purchase a home without stretching beyond their means, especially in the Northeast and along the Pacific Coast,» says Frank Nothaft, Freddie Mac's chief economist.

Among the reasons: Prices are high and mortgage rates are rising, which means many owners who'd like to sell and get another home can't afford to.

This week's real estate news focuses on the good — home prices on the rise but a bubble is not on the horizon, the bad — a nationwide shortage of appraisers means deals are delayed or even lost, and the ugly — the home from the movie The Silence of...

«However, rising prices have slowed some of the investor activity, which could mean slightly less competition for homes at the lower end of the market.»

Lower supply and higher demand mean rising home prices.

«This means that mortgage risk continues to decline, and given the continued strength in home prices, CoreLogic expects home equity to rise steadily over the next year.»

That means the Consumer Price Index underestimates inflation during times of rapidly rising home prices.

Lastly, the rising prices mean that more homeowners are starting to regain the equity lost in their homes during the downturn.

Housing prices are on the rise in the state which means you may not want to delay getting pre-approved and shopping for a Utah home.

Many unhappy couples are now calling it quits, local divorce attorneys and real - estate agents say, for one simple reason: Home prices have been rising, which means they can finally get some start - over cash out of houses that used to be underwater.

«Yet, rising home prices and higher mortgage rates might mean that more people move in search of cheaper, rather than new or better, housing.»