Sentences with phrase «as homebuyers look»

Look for luxury home sales to suffer a mild slump as homebuyers look for more affordable options because of higher rates.

Not exact matches

All these factors further constrict the number of mortgage - worthy homebuyers; as banks scramble to court them, cutting into their profit margins looks ever more likely.
In 2016, look for them to emerge as viable homebuyers.
Cape Town, South Africa leads the rankings with prime rents up 10.2 % year - on - year, as a shortage of rental stock coupled with the introduction of tighter credit regulations has led to a spike in demand as potential homebuyers find themselves having to look for rental accommodation instead.
However, a prospective homebuyer looking to sell their house or refinance their mortgage after a few years could benefit from an adjustable - rate mortgage — as their lower rates make them more affordable in the short term.
In particular, it looks as if new homebuyers will make up a lion's share of the market as winter turns into spring.
Anyone looking to tackle a fixer - upper (which is what we did, though after 2 + years of renovating I'm not sure I recommend it anymore) might consider a HUD 203 (k) loan, which allows homebuyers to borrow money for the improvements, as well.
However, a prospective homebuyer looking to sell their house or refinance their mortgage after a few years could benefit from an adjustable - rate mortgage — as their lower rates make them more affordable in the short term.
Some industry observers predicted a surge in sales activity as homebuyers would look to pre-empt bigger down payment requirements.
As the Toronto Star reported the next day, the government and Ontario Housing Minister Peter Milczyn had little sympathy for the Mattamy homebuyers looking for someone to bail them out:
What we are seeing now is an increase in private mortgage applications as would - be homebuyers who can not qualify for mortgages under traditional lenders look for alternatives.
Of course, homeowners looking to move into larger properties have the same advantage as new homebuyers in a cooling market: less competition.
When it comes to buying a home, whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move into, as well as the trends of that area, should be your goal.
Look for old neighborhoods with new names: Sometimes homebuyers shy away from an up - and - coming neighborhood because it has a reputation as a high - crime area.
Now homebuyers can be as specific as they'd like to be when looking for a property.
The new tax bill passed by Congress in December 2017, celebrated as the Trump Administration's first major legislative victory, will have inadvertent consequences for potential homebuyers looking to buy homes in high - end markets, and for those with a home equity line of credit (HELOC).
And it plans to rely on diversified services going forward as homebuyers and homesellers increasingly look for the convenience of one - stop shopping.
Roughly 92 percent of homebuyers want a separate laundry room, coming in as the No. 1 thing millennials are looking for.
As they come into the age of forming households and having children, more and more of the nation's largest cohort of homebuyers is looking to the suburbs and secondary markets for affordability and quality of life.
Our agents are well - versed in the legal process of buying and selling a home, as well as the financial process, and aim to make your transaction as seamless and efficient as possible regardless of whether you're a multifamily cash investor or a first time homebuyer looking for the perfect starter condo.
As a real estate agent, I have found that most homebuyers are more excited about touring a home that looks inviting on the outside than one that is sad and dreary, unless they were focused on buying a fixer - upper.
As a homebuyer, you may be looking to find your future home, or to find that perfect investment property.
The information you gathered is helpful both to first time homebuyers / homebuyers as well as anyone who is looking to refinance their current home.
Visit https://www.nar.realtor/videos/housing-minute to watch a 60 - second, animated video from the National Association of Realtors ® summarizing how the housing market performed in February, as well as a look at homebuyer data by generation from NAR's 2018 Profile of Home Buyer and Seller Generational Trends.
The prospects for the townhouses are positive given large numbers of homebuyers looking for medium density residential neighborhoods, such as urban villages that offer walkable environments and other amenities.
As prospective homebuyers across San Diego, one of Open Listings» biggest markets, step up their home search in 2018, we wanted to take a look at trends around homes for sale in San Diego so we could help prospects know what they should expect to encounter in this year's house hunt.
«It's understandable that Americans looking to purchase their first home are intimidated by obstacles such as student debt, lack of a down payment and weak credit, so it's critical that first - time homebuyers have access to information and programs such as down payment assistance and affordable loans so they feel confident in purchasing a home independently.»
Homebuyers of all ages often begin the home buying process by looking online for properties for sale; however, the frequency of use of the Internet to search for homes decreases as age increases.
As a first time homebuyer in an aggressive market, Jim did a great job to help me get the perfect home that met my needs at the price I was looking for.
As prospective homebuyers spring clean their finances, real estate professionals looking to grow their business should reevaluate their partnership strategy with local homebuilders and aim to develop stronger relationships as the new - construction market continues to gain steaAs prospective homebuyers spring clean their finances, real estate professionals looking to grow their business should reevaluate their partnership strategy with local homebuilders and aim to develop stronger relationships as the new - construction market continues to gain steaas the new - construction market continues to gain steam.
Should home prices remain steady during the winter quarter and Congress avoid further government shutdowns and act on other important fiscal issues, homebuyers may return to the market refreshed and looking for competitively priced properties to live in or maintain as rentals.
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