Sentences with phrase «during the housing boom»

Across the railroad tracks, over the river, and up on a hill are new homes built during the housing boom of the late 1990s and early 2000s.
Interest - only mortgages became wildly popular during the housing boom.
The mortgage underwriting process takes longer today than it did during the housing boom.
All three indicators tell a similar story of rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.
The six - month window helps mitigate the differences between a new agent selling homes at comparatively lower prices than an agent selling homes during the housing boom, for example.
It seems crazy in hindsight, but this was considered business as usual during the housing boom.
What is surprising is the huge jump in cash - in refinancing, something practically unheard of during the housing boom earlier in the decade.
Their share was rising rapidly during the housing boom years when labor shortages were widespread and serious.
«The long - term trend during this housing boom has been less affordability,» he says.
I hear historically this has not been the case, it's only been the last decade of so during the housing boom.
Earlier, I mentioned some of the high - risk mortgage products available during the housing boom.
This wasn't an issue during the housing boom, when they were giving mortgage loans to anyone with a pulse.
It's hard to get a mortgage loan today, when compared to the days of easy credit during the housing boom.
The concept of subprime mortgage lending was born during the housing boom that started toward the end of the 1990s.
But for some crazy reason, those factors went away during the housing boom.
Typical unit size remains below levels seen during the housing boom, and this change is associated with a rise in the market share of one - bedroom apartments.
You conceived of the song during the housing boom times, but it wasn't released until 2010.
Investors are flipping houses again, a trend that had become popular during the housing boom but fell off after home prices started dropping.
All three indicators tell a similar story of rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.
It seems crazy in hindsight, but this was considered business as usual during the housing boom.
In a cash - in refinancing, something practically unheard of during the housing boom earlier in the decade, the homeowner pays down their mortgage balance at closing.
During the housing boom years, most lenders were offering loans with down payments as low as 5 %.
The share of Americans owning their homes has been on a downward trajectory since its 2004 peak during the housing boom in the mid-2000s.
The median sales price for a single - family home reached an all - time high in June at $ 236,400 — that's higher than the previous record of $ 230,400 reached during the housing boom in July 2006, according to NAR.
Possibly millions of borrowers, many of them minority and low income, who took out subprime loans during the housing boom and are seeing the interest rate on their loans reset upward, face higher payments than they can afford.
Although house price appreciation exceeds income growth, the gap between the two does not match the differences that prevailed during the housing boom.
Replacement demand is the largest component of Whirlpool's sales, so an aging base of appliances in the U.S. should lead to further revenue growth as products purchased during the housing boom reach the end of their useful lives.
Home equity lines of credit, once popular during the housing boom days, are back, but home owners are using them more cautiously, lenders...
Historically home sales have averaged a rate of about 6 percent of the housing stock each year but rose to 9 percent during the housing boom then dropped to 4 percent with the housing crisis.
«Many buyers during the housing boom in the early 2000s took on large and risky financial commitments facilitated by relaxed borrowing standards and the belief that house prices would continue to appreciate.
Everyone shows ex-post an overheating economy during the housing boom:
The mortgage lending giant faces the largest fine ever imposed by the Federal Reserve over charges that it steered borrowers toward subprime mortgages with higher interest rates during the housing boom.
The median down payment was the lowest since 2009 but still far above the levels during the housing boom, when nearly half of first - time buyers made no downpayment at all.
Home prices in St. George went through the roof during the housing boom, at one point rocketing up more than 40 % in a year.
The Dexia lawsuit centers on complex securities created by JPMorgan, Bear Stearns and Washington Mutual during the housing boom.
Following the financial crisis of 2008, the government passed new laws circumscribing how lenders could be compensated, and public pressure provided an additional incentive for lenders to reign in the practices that had made them rich during the housing boom.
Just like during the housing boom, they are buying distressed properties, doing quick rehabs and selling them for a fast profit...
The nominal - problems - only diagnosis ignores real malinvestments during the housing boom that have permanently lowered our potential real GDP path.
Over the years, cash - out refi loans took a bad rap, especially during the housing boom, when too many homeowners relied on the method to stay above water.
I was hired back in 2007 during the housing boom here, to name a golf course out in eastern Oregon, which is where the Meek's Cutoff story takes place», said Raymond.
Tom's estate soared during the housing boom due to his ownership of a mortgage company.
Coastal economies benefited during the housing boom (pre-2008), and were punished in the bust — this is parallel to the US economy as a whole, but more severe.
While others participated in investor - owned markets or were exposed to exotic mortgages such as option - ARMs and interest - only loans, and while some tolerated lax underwriting standards, FHA stuck to the basics during the housing boom: 30 - year, fixed rate traditional loan products with standard underwriting requirements.
a b c d e f g h i j k l m n o p q r s t u v w x y z