Sentences with phrase «booming housing area»

Not exact matches

There is currently a lot of demand for housing in Phoenix, Arizona, particularly among retiring baby boomers who often relocate to the area.

But suppose, to take a not at all hypothetical example, that a vast housing boom leads to full employment and rising wages in part, but only part, of a currency area, then goes bust.

The new tax — dubbed the «Amazon Tax» by locals — will fund affordable housing and homeless services in a city whose economic boom, driven in no small part by Amazon, has priced many residents out of the area and forced some onto the streets.»

I hear all the time about pensioners struggling to help their children put down deposits on first homes, after a multi-decade property boom that has seen houses in some areas increase in value one hundredfold in just 40 years, lifting even modest family homes way out of the reach of those on ordinary incomes.

This is probably one of the few areas of the country where the housing boom is just everywhere.

With the recent boom in housing, malls and other forms of retail, and the services to support them, construction is also big business in the area.

At one time, the housing market in Maine was booming, but the sluggish economy has led to flattened or declining home prices in many areas of the state.

Thanks to a booming economy, Dallas and many other areas in the Lone Star state have seen a boom in housing over the past several years.

Hundreds of Greater Toronto Area residents were caught when the housing market took an abrupt dive last year after a long run of booming activity.

With the recent boom in housing, malls and other forms of retail, and the services to support them, construction is also big business in the area.

With the boom of the housing market in recent years, has Realtor ® organization clout with politicians in your area changed?

How has the housing boom affected your clout with politicians in your area?

Strong demand for housing, specifically in the Los Angeles area multifamily housing, set off a construction boom beginning in 2013 that has steadily accelerated.

«The housing boom downtown is happening in rural America, it's happening in midsized cities, and it's happening in urban areas.»

«The demand for housing in the Williston area has increased exponentially as the Bakken region of North Dakota experiences a major oil boom.

He says affordable housing is an important issue in the area near downtown Montreal, where sales have dropped by 30 per cent in the past three years, after a boom from 2004 to 2012.

To identify those soon - to - be booming millennial markets, NAR factored in current housing conditions and housing affordability, job creation, and population trends in 100 metro area across the country that have a large millennial presence to determine the best markets for aspiring millennial home buyers.

Despite their age and lifestyle disparities, both boomers and Millennials are competing for the same housing in many of the same areas, generating demand for multifamily development with attractive amenities.

«Across the largest metropolitan areas, the recovery has been limited to a mix of economically booming metros in the West and metros in the South that were relatively unaffected by the housing market downturn,» McLaughlin writes.

During the boom period, especially between 2010 and 2013, housing prices soared at 11 - 13 percent per annum, and up to 18 percent in certain areas.

Developments like the boom in tech jobs and increased migration to sunny West Coast cities have shifted housing economics towards renting in some parts of the country, while in other areas, like the South and Texas, buying is still usually the better bet.

In the booming Bay Area housing market, Kennedy says buyers are accustomed to short sales cycles, so having the home primed and ready is expected.

For the last decade, our area has enjoyed a boom — a fast - paced market where buyers were tripping over themselves to secure the house they desperately wanted to buy.

Metropolitan areas with larger baby boomer and math / science professional populations are seeing homes move off the market faster, indicating a strong housing market.

Moreover, we are seeing some shifting of markets on and off the list primarily due to small seasonal house price changes in areas that have had flat, stable prices rather than a boom - and - bust cycle.»

Condo prices are significantly higher than they were even at the peak of the housing boom in three of the five metro areas tracked by Case Shiller.

According to realtor.com ®, metropolitan areas with larger baby boomer and math / science professional populations are seeing homes move off the market faster, indicating a strong housing market.

In addition, the share of men and women working after their 65th birthday has increased, setting the stage for elevated baby boomer buying activity in metro areas with a dynamic local economy, adequate housing supply and a lower cost of living.

«These metro areas are attractive to baby boomers because of their housing affordability, lower tax rates and welcoming business environment,» says Yun.

The flames were especially devastating in Sonoma and Napa counties on the northern edge of the Bay Area — a region that has seen housing prices skyrocket in recent years amid a technology industry boom.

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Behind the affordable conditions are low interest rates, which today are below 5 percent, and home prices that, while rising in some areas (like booming North Dakota), remain quite a bit below their peak during the housing boom.

Despite trailing slightly behind their urban counterparts in house prices, suburban areas have seen a greater appreciation in condominium prices, which may be largely due to maturing baby boomers looking to downsize their empty nests to something that requires less maintenance.