Sentences with phrase «favorable affordability conditions»

«Most of those owners also will be buying another home, but higher levels of new home construction going into 2014, combined with some reduction in demand from less favorable affordability conditions, will help to moderate price growth to more sustainable levels.»

«If jobs come back as expected, the pace of home sales should pick up later this year and reach a sustainable level of activity given very favorable affordability conditions,» said NAR Chief Economist Lawrence Yun.

«Very favorable affordability conditions will dominate next year as well, which will probably be the second best year on record dating back to 1970.

«Stabilizing home prices and historically favorable affordability conditions are giving buyers more confidence, and REALTORS ® have become more optimistic since the beginning of the year from the positive shift in buyer patterns.»

With signs of the housing market recovering and favorable affordability conditions, this year's spring buying season has the potential to be a busy one.

«With lower rental vacancy rates and rising rents, combined with still historically favorable affordability conditions, more people are buying homes.

«Some of the improvement in August may result from sales that were delayed in preceding months, but favorable affordability conditions and rising rents are underlying motivations,» he said.

Not exact matches

First - time buyers in Florida are enjoying favorable market conditions right now, with relative affordability and low competition.

First - time buyers in Florida are enjoying favorable market conditions right now, with relative affordability and low competition.

«Even with rising home prices, we'll continue to see favorable housing affordability conditions over the coming year, but they won't last forever,» Thomas said.

The good news is home construction is rising and low mortgage rates are continuing to keep affordability conditions at historically favorable levels.

With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of Realtors ®.

Housing affordability conditions are forecast to remain favorable through next year, with the 30 - year fixed - rate mortgage staying near record lows for the balance of this year but gradually rising to 4 percent in the second half of 2013.

«Even with rising home prices, we'll continue to see favorable housing affordability conditions over the coming year, but they won't last forever,» he said.

Affordability conditions remain favorable in much of the country, but consumers need access to safe and sound financing, particularly the 30 - year fixed - rate mortgage, and with low downpayment options for first - time buyers,» Yun said.

«Affordability conditions remain favorable in most of the country, and we're still dealing with a large pent - up demand,» he said.