The easing of foreclosures is seen as key by many economists, since the glut of these properties being sold at a discount has been a significant
drag on home prices.
Of course, the minute home prices turned, most got out of the game, either by selling or simply walking away, creating a further
drag on home prices.
ShareWe've saying it form months that «Shadow Inventory» or the mortgages that have yet to go throgh the foreclosure process even though the borrowers have quit making the payments will be
a drag on home prices in most of the...
We've saying it form months that «Shadow Inventory» or the mortgages that have yet to go throgh the foreclosure process even though the borrowers have quit making the payments will be
a drag on home prices in most of the nation for years to come.
Not exact matches
The
home of Canada's once go - go energy industry has suffered this year from lower oil
prices, putting a
drag on incomes.
After a long period of being a
drag on the economy, the housing market is now providing lift to economic activity, with upward trends evident in housing starts,
home sales, and
home prices.
Home prices across Greater Vancouver, in British Columbia, are set to depreciate by 8.5 % year - over-year in 2017,
dragged down by the recent Land Transfer Tax
on Foreign Nationals and China's State Administration of Foreign Exchange imposing new, stricter requirements
on currency conversions.
As has been the case in recent years, the year -
on - year uptick in
prices indicates fewer distressed properties
on the market; these properties, foreclosures and short sales, are where the
home sells for less than is owed
on the mortgage, and typically
drag down median
prices.
year -
on - year uptick in
prices indicates fewer distressed properties
on the market; these properties, foreclosures and short sales, are where the
home sells for less than is owed
on the mortgage, and typically
drag down median
prices.
Without more action by the government to help housing, the Fed warns that «the adjustment process will take longer and incur more deadweight losses, pushing house
prices lower and thereby prolonging the downward pressure
on the wealth of current
home owners and the resultant
drag on the economy at large.»
Now this is purely anecdotal, and my lower
priced homes have done reasonably well (besides they are in great neighborhoods with great schools), so they are not by any means a
drag on my income earning prospects.
Builders broke ground
on fewer single - family
homes last month, as the new -
home market continues to
drag and struggle to compete against the flood of foreclosures and short sales that are bringing
home prices down.
Left unchecked, vacant Westerly
homes and apartments can be a
drag on the real estate market, holding Westerly real estate
prices below levels they could achieve if vacant housing was absorbed into the market and became occupied.
Left unchecked, vacant Middletown
homes and apartments can be a
drag on the real estate market, holding Middletown real estate
prices below levels they could achieve if vacant housing was absorbed into the market and became occupied.