Sentences with phrase «current rise in home prices»

NAR Chief Economist Lawrence Yun talks about January existing - home sales, seasonal price trends, and reasons for the current rise in home prices.

Not exact matches

For example, you can find the current value of your home by multiplying its purchase price by the percentage that home values have risen in your area.
«Rising home prices have restored equity, providing even more incentive for borrowers to stay current with their payments,» ABA Chief Economist James Chessen said in a news release.
For example, you can find the current value of your home by multiplying its purchase price by the percentage that home values have risen in your area.
RealtyTrac's figure is based on current house prices — and doesn't take into account possible further rises in home prices.
Saving up this much money in the current economic environment — where wages have been flat for years while rents and home prices have been rising — is extremely difficult.
That despite the continued rise in prices in overvalued markets such as Vancouver and Toronto, and their view that current home prices are unsustainable in the long run, they say «there is a heightened risk of a price correction in over-valued markets.»
Current proposals by global warming advocates will likely cost billions of dollars and require a wholesale transformation of the nation's economy and society. Americans could be paying 30 percent more for natural gas in their homes and even more for electricity.  The cost of coal could quadruple and crude oil prices could rise by an additional -LSB-...]
«Our current forecast is for the median existing home price to rise 4.5 to 5 percent this year and about 5 percent in 2013, which is somewhat stronger than historic norms because of the inventory shortfall that is most pronounced in the low price ranges,» Yun says.
The current U.S. economy favors the growth of home buying, despite rising prices in certain areas.
Getting a home appraisal is even more important in the current real estate market, with prices beginning to rise and valuations based on previous sales or property tax records often outdated and incomplete.
Considering the rising home prices and strong competition in many areas of the country, when asked how much beyond their budget they went to get into their current home, one - third of national homebuyers surpassed their budget by $ 16,510 on average.
Current trends in the real estate market show rising home prices, yet affordability remains strong.
In fact, at current mortgage rates, home prices would have to rise by 35 % to get back to their average historic relationship to rents, according to calculations by Segal Rogerscasey, a global investment advisory firm headquartered in New York CitIn fact, at current mortgage rates, home prices would have to rise by 35 % to get back to their average historic relationship to rents, according to calculations by Segal Rogerscasey, a global investment advisory firm headquartered in New York Citin New York City.
Current home prices have notably improved with December prices rising 3.0 percent year - over-year, just 0.1 percentage point higher than in November.
Total housing inventory at the end of April rose 11.9 percent, a seasonal increase to 2.16 million existing homes available for sale, which represents a 5.2 - month supply at the current sales pace, compared with 4.7 months in March.Listed inventory is 13.6 percent below a year ago, when there was a 6.6 - month supply, with current availability tighter in the lower price ranges.
For example, real estate pro Cara Ameer in Jacksonville Beach, Fla., says with home prices in the area rising 15 percent over the past year, she was concerned the appraisal on a two - bedroom townhouse wouldn't reflect the current rise.
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.
The average homeowner is pledging to stay put in their current home for the next eight years, citing «rising house prices» (38 %) and «Brexit» (26 %) as key reasons for not moving, that's according to a survey of over 1,000 UK homeowners from comparethemarket.com.
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