Typical new home size falls prior to and during a recession
as some homebuyers cut back, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.
Home sizes fall into the recession
as some homebuyers cut back, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.
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 October 2016, the federal government implemented new mortgage rules that
cut low - equity
homebuyer's purchasing power by
as much
as 20 %.
As financial institutions are
cutting credit lines and refusing to issue consumer credit, it seems that FHA's willingness to consider alternative credit documentation may become more important for
homebuyers who have not established traditional credit lines.
Also covered are the drop in the number of
homebuyers as home affordability continues to decrease, the president's first draft on tax
cuts...
Bringing some clarity to
homebuyers and sellers, the reports includes a discussion of what to expect
as the Tax
Cuts and Jobs Act of 2017 — the recently enacted tax overhaul — begins to take effect.