Sentences with phrase «because home prices in some areas»

«The country's healthy labor market is translating to greater job security, but affordability is not improving because home prices in some areas are still outpacing incomes by three times or more because of tight supply.

Not exact matches

Despite boasting the province's highest average annual household income, Kerrisdale didn't take the top spot in B.C. based on net worth, in part because the area's homes ranked third by price.

We feel it is, because with the Zestimate, we have an estimate of the current value of every home in the area and, thus, can estimate what the median sale price of the whole area would be if every home were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that ahome in the area and, thus, can estimate what the median sale price of the whole area would be if every home were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that ahome were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that aHome Value Index for that area.

Holding everything else constant, home prices will drop in the surrounding area because of that, which could induce geographical sorting, wherein households with lower income might migrate into the areas surrounding the plant and households with higher incomes may leave.

This is especially true in 2011, because home prices in most areas have fallen in recent years.

Because there are some wide variations in the average price of a home in different areas, there are some exceptions to the $ 417,000 limit.

Because home prices have dropped in her area, her landlord recently dropped the purchase price from $ 300,000 to $ 269,000, she says.

Even more, because of some very tight markets in some areas, a down payment is often a moving target as home prices soar and cause the minimum down payment requirement to rise with it.

This is generally the case today because home prices are appreciating in most areas of the country.

How many realtors you know that will spend the whole weekend with you visiting homes in neighboring towns... On one Saturday we saw 16 homes in 3 towns... My wife and I wanted to get a feel for the communities being we were new here and she was superb to say the least... we were able to determine which town met our needs because of this... Signe and Ryan are the most honest and humble professionals we have ever team up with... they made our challenge theirs and were willing and were able to do whatever it took... the best part, they were able to negotiate a $ 30,000 discount from the sales price of the home... The home we bought was not in an area that would be considered a buyers market, it was a sellers market but they were still able to save us $ 30K... Now that is what the Denny Real Estate Group is all about... it's not about them, it's all about «YOU»... I wholeheartedly recommend this realtor for all your real estate needs... Oh and by the way, we wanted to have some work done on the home and they put us in touch with professionals that were fantastic and inexpensive saving us even more money...

On the other hand, 54 % said the recession was not a factor in their decision to move, with 10 % of respondents moving because home prices had dropped enough for them to afford a home in a desirable area.

Just because home prices are increasing in your metro area doesn't necessarily mean your home's value is increasing.

My take is that San Francisco home prices are skyrocketing because of the huge amount of money chasing homes in the Bay Area and that money is coming from 1) a tech bubble and, 2) a strong Chinese economy.

When new to prospecting by phone it is easier to learn in a market area where the turnover is good and the home prices are below average because there is less competition from other agents.

Because home prices have continued to rise, exacerbated by the shortage in affordable homes for sale, Millennials are increasingly moving to suburban areas.

Mike Sante, managing editor for the website focusing on consumer finances, said the Baltimore metropolitan area — defined for this report as including the city, five surrounding counties and Queen Anne's County — rose in the ranking because median home prices fell by nearly 3 percent while median income rose about 2 percent.

Taking shortcuts such as hiring untrained stagers or realtors to stage your home because it is cheaper, listing first and staging later if it does not sell, using «Lite» or «Vignette» staging of minimal rooms or areas, or not staging at all will cost you more money in a lower final sales price or losses from price reductions as your home is on the market longer.

Blog can also be used as a verb, as in the following sentence: «Today I will blog about home prices in my area, because it's a popular topic for my intended audience.»

If you've got to sell soon because of a job transfer or you've already purchased another home, it may be necessary to generate buyer interest by dropping your price so your home is a little lower priced than comparable homes in your area.

Because of the rapid increase in home values across Northeast L.A., home buyers and renters have been «priced out» of the area and they're looking for other opportunities.

Geoffrey Hewings, director of the Regional Economics Applications Laboratory at the University of Illinois, forecast the median price of homes in the Chicago area to rise 8.2 percent in January, 8.1 percent in February and 8.4 percent in March because inventory will remain limited.

These two population segments alone represent 155 million consumers, which is nearly half of the total population in the U.S. Aging baby boomers find smaller homes appealing because they require less maintenance and are lower in price, which may allow them to downsize to a home in a more geographically desirable area.

Because home prices tend to be lower in this area as compared to many other southern California neighborhoods, it's popular among first time buyers.

Inventory levels are starting to build in some areas as price gains free up previously underwater homes and encourage homeowners reluctant to list because of the scarcity of homes to purchase.»

Part of the reason millennials aren't buying is because they can't afford to: Home prices are on the rise again in many areas, and even young people with good jobs often have to consider student loan payments when deciding whether or not they can afford to take on a mortgage.