Sentences with phrase «because rising house prices»

Investors purchasing PMBS profited at first because rising house prices protected them from losses.

Not exact matches

«The problem has been getting worse in many places, including New York City, because housing prices are rising faster than wages.
They were carried over from 2015 with no changes, because the Department of Housing and Urban Development (HUD) felt that home prices in these counties did not rise enough from year to year to warrant higher loan limits.
Agents are getting higher commissions as home prices rise, but have fewer houses to list because homeowners are reluctant to sell.
Expenditure on alterations and additions has grown strongly, in part because of rising house prices.
The housing prices may keep rising because the Austin's population is growing faster than its housing supply by 5.19 %.
It prevents bubbles, and it prevents investors buying housing and keeping it empty of tenants while waiting to flip it... because prices aren't rising, so there will be no flip.
But eventually even the rich will lose out as inequality increases because there will come a day when housing prices can no longer rise any higher.
So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.
In a report to the White House released today, an independent advisory group called for «urgent action» to address rapidly rising prices for cancer drugs and the burden cancer patients and their families can face because of the high cost of cancer care.
Statistics that say housing prices have continued to rise modestly or have fallen only slightly are deceiving, say some real estate analysts, because the stats don't reflect houses that sit on the market for months because their owners refuse lowball offers.
Additionally, while some may believe that the prices of homes will fall after mortgage rates rise because fewer people may qualify for mortgages, such as not been the case throughout the history of the housing market.
A recent article in the LA Times indicated, «After the home prices soared in California soared 22 % last year, a strange thing happened: Instead of homeownership decreasing because fewer people could afford houses, it rose to record levels.»
Brownsville offers a wide variety of rental housing to fit nearly any budget, which makes living here much easier, but prices are sure to rise in the very near future as the economy improves even further, so it benefits you to lock in a reasonably long lease because that locks down your price for that period of time.
Housing, just like the stock market, can become speculative very easily because of the emotional aspects of the purchasing process and the vast invested interests of industry to have home prices continually rise.
There are too many houses chasing too few people, and inadequate underwriting of the financing, because of a misplaced trust in the rise of housing prices.
This is because according to the latest statistics it shows that the housing prices have been growing on a double digit in the past few years, since last year the real estate market has been rising by 11.5 % and thus making the price aggregate of houses in the area increase from $ 650,432 to 476,134.
Because Apollo focuses on residential loans, the already perceptible rise in housing prices seems likely to further boost the net asset value and the shares.
I would be concerned about buying an expensive house at a low mortgage rate and then having prices fall and rates rise, because you will owe the bank more than the value of the house: a serious problem if you lose your job.
Taking on debt to buy a house was a wonderful strategy until overall debt levels to finance housing got to high, but at that time, the momentum effect of rising house prices was sucking people into buying houses, because they thought it was easy money.
«The turn in home prices is important, not only because the housing industry is an important employer, but also the wealth effect created by rising home prices can lift consumer spending on other big - ticket items,» said Steven Ricchiuto, chief economist at Mizuho Securities in New York.
there is a glut of housing (many empty) because of overbuilding... because everyone saw the «rapidly rising prices» of residential or rental real estate and wanted a piece of this HIGH RETURN, LOW RISK investment... add to this the banks relaxing credit standards and issuing mortgages... because, hey, real estate just keeps going up, up, up... and with that leverage, etc..
Because housing prices continue to rise across much of the US, most areas are going to see slight increases in limits for 2017.
Brownsville offers a wide variety of rental housing to fit nearly any budget, which makes living here much easier, but prices are sure to rise in the very near future as the economy improves even further, so it benefits you to lock in a reasonably long lease because that locks down your price for that period of time.
«Tight supplies and rising prices may be deterring some people from trading up to a larger house, further aggravating supplies because fewer people are selling their homes,» said Blitzer.
«We feel that the availability rate is rising because consumers have turned circumspect due to the slowdown in the housing market and that their spending is being affected by high gas prices, so retail space absorption is declining,» says Abigail Marks, an economist at Torto Wheaton.
Meanwhile, because of low housing prices and mortgage rates, the percentage of people who say that the current economic situation now makes them more likely to buy a house has risen from eight percent to 11 percent.
«The housing market has shown promising resilience in recent months, but home prices are still rising too fast because of ongoing supply constraints,» Yun said.
Case in point: downtown, major urban multifamily housing has softened because the price point in many markets has risen above the market's ability to meet supply or to support higher rents.
TORONTO Housing prices continue to rise in the Greater Toronto Area because of land shortages that are at least partially being driven by builders sitting on real estate in hopes of a rising market, says a new report.
As we approach the spring homebuying season, housing will be financially out of reach for many buyers because they will be competing in an environment of tight inventory, rising house prices and rising mortgage rates.
«The turn in home prices is important, not only because the housing industry is an important employer, but also the wealth effect created by rising home prices can lift consumer spending on other big - ticket items,» said Steven Ricchiuto, chief economist at Mizuho Securities in New York.
Expectations of rising home prices in the future affects positively housing demand because most households realize that buying a home represents a significant commitment of capital and understand the investment nature of their decision.
«In higher - tax states, you don't see home prices rising as quickly during an up cycle in the housing market because people have to pay (through taxes) for those higher values, so those markets are a little more protected from wild swings.
The size of the study is important because home values are affected by an extremely broad array of factors and housing prices in the state are generally rising, so using a large sample size is necessary.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.
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