Sentences with phrase «appreciation in some hot markets»
Moniz adds that it's especially challenging when price appreciation in hot markets deviates from the usual trends.
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As a result, the Denver housing market could be a hot spot for appreciation in 2016.
Rising posted rates come at a time when Canada's housing market is adapting to regulatory changes designed to slow home - price appreciation in particularly hot markets — notably Toronto and Vancouver.
David Lereah, chief economist, NAR: «With the manufacturing job picture improving, we could see better home price growth in Midwestern and other markets that haven't seen the strong appreciation we've seen in the hot coastal markets.»
Instead, home sales suffered because rapid price appreciation, fueled in part by an influx of speculators in hot markets, and higher interest rates pushed people out of the market.
Zillow's latest Breakeven Horizon reveals breaking even has stretched up to two years longer in San Jose and San Francisco, Calif., two of the hottest markets out of the recession in terms of appreciation.
Generally, this is a short - term strategy, holding the property for about a year or less while you add improvements and / or wait on price value appreciation (if you're in a super hot market).
Low inventory has certainly contributed to increasing home prices, but even in the hottest market areas in the District, annual appreciation rates have been between 6 percent and 8 percent over the past three years.