Sentences with phrase «first time buyers remaining»

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International migrants are another factor, and condos remain the only affordable option for first - time buyers in those cities.

«Low inventory and competition remain challenges today, especially for first - time buyers.

Low - and no - downpayment mortgages remain popular with first - time buyers and repeat buyers alike; and one of the most popular low - downpayment mortgage program is the FHA loan via the Federal Housing Administration.

Part of my argument is that the general credit quality, and ability to make any down payment, in the remaining pool of potential first time buyers is dwindling.

While he slashed stamp duty for almost every first - time buyer (outside London) he conspicuously avoided provoking older voters; pension tax reliefs remain sacrosanct, as does the winter fuel allowance and the «triple lock» on pension increases...

With mortgage rates remaining low, it's easier for moderate income and first time buyers to qualify for FHA loans for buying homes, which contributes to stabilizing shaky housing markets and mortgage lending activity.

There are many reasons for this, but the fact remains, right now is one of the best times to buy a house, and first time home buyers are missing the boat standing on the sidelines.

As the U.S. housing market recovers, FHA home loans remain popular among today's first - time and repeat home buyers.

Beyond these down payment options, the CHDAP offers an excellent solution for first - time buyers to cover parts of their remaining down payment and closing costs.

As job security increases and mortgage rates remain low, Millenials are now thinking about investing in real estate and turning into first - time home buyers.

The Property Transfer Tax First - Time Home Buyers» Exemption program calculates the exemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchase pFirst - Time Home Buyers» Exemption program calculates the exemption at a rate of one per cent on the first $ 200,000 and two per cent on the remaining value of the purchase pfirst $ 200,000 and two per cent on the remaining value of the purchase price.

This is a by - product of high unemployment rates, the remaining toxic loans from 2005, 2006 and 2007 which have not yet been refinanced or foreclosed and the end of the first - time home buyer tax credit.

«First time and move - up buyers continue to capitalize on extremely favorable financing opportunities as key economic dials move slowly and rates remain low.

With that money, Seattle will fund emergency rental assistance, loans to first - time home buyers and the construction of housing units that must remain affordable for at least 50 years.

The FHA down - payment remains one of the most attractive characteristics to first time house buyers.

So the question remains: How do I find first time home buyer deals?

The real estate market in Vancouver has remained very competitive so buyers — especially first time home buyers — have been backed into a corner with lower buying power on the financing side while prices continue to rise.

When it comes to the best way to buy a property, it seems the «Bank of Mum and Dad» remains as popular as ever, with 32 % of first time buyers expecting to receive a gift from their parents towards their house purchase, and 26 % expecting a loan.

Meanwhile, Simpson shared Ipsos Reid results that demonstrated first - time home buyers will represent a large share of transactions in 2016, suggesting that GTA households remain confident in home ownership as a long - term investment.

«Though the supply of homes for sale remains pretty limited, buyers now face less competition in the traditionally slower fall market, which means that more first - time buyers are finally landing homes,» Smoke says.

Oher segments in the news video look at the drop in first - time buyers, as underwriting standards and inventories of entry - level homes remain tight, and what to expect this week in San Diego, which is hosting NAR's 2015 Conference & Expo.

Jobs are growing and interest rates remain low, but tight inventory in many parts of the country continues to drive home prices up, hurting affordability, especially for first - time buyers, who can't tap home sale proceeds to come up with a down payment.

(Don't) Act Now If two - thirds of the millennial demographic remain below the average age of first - time buyers, it stands to reason that real estate agents who want their business should get started today trying to reach them.

Interest rates remain low but home prices, fueled by tight inventories, continue to rise, squeezing first - time buyers.

The percent share of first - time buyers continues to underperform historically, remaining at 29 percent for the third consecutive month.

«In many metro areas, it will remain a seller's market, as first - time buyers look to capitalize on low rates and inventory struggles to catch up with demand.»

«These extremely frustrating conditions continue to be most apparent at the lower end of the market, which is why the overall share of first - time buyers remains well below where it should be given the strength of the job market and economy.»

«A mix of new starter - homes for first - time buyers and larger homes for families looking to trade up is needed at this moment to ensure homeownership opportunities remain in reach to qualified prospective buyers at all ages and income levels.»

Source: «Home Ownership Creeps Up but Remains Below 2004's Peak,» The Chicago Tribune (Jan. 28, 2016) and «U.S. Home Ownership Rises as Jobs Bring Back First - Time Buyers,» Bloomberg Business (Jan. 28, 2016)

The May amount of first - time buyers was at its largest share since September 2012, though the share remains below the 40 - 45 percent mark economists say is required for a prosperous housing market.

The number of first - time buyers remain historically low, at 30 % of buyers in February, down from 32 % from a year ago.

«Without the first - time home buyer, and now with the reduction in the pace of investor purchases, the recovery will remain lumpy.»

Saving up for a down payment remains one of the main hurdles for first time home buyers in Nova Scotia.

First time buyers and existing homeowners remain very active in today's market.

Many prospective first time home buyers in Baltimore remain taken back by the overwhelming amount of inventory and do not feel that investing in a home is a safe and secure investment.

As we move forward through 2017, we expect the demand for ownership housing to remain strong, including demand from first - time buyers who, according to recent surveys, could account for more than half of transactions this year.

So of course, the entrance of more first - time buyers will energize the housing market for years to come, but as they do, they will join the rank of repeat buyers, who remain the pillars that support the U.S. housing market.

While first - time home buyers» numbers remain low and home prices and mortgage applications have fallen in recent months, not all analysts are predicting that housing prices will fall.

The data suggest the GTA is facing an uneven downturn in house prices that is not being felt to the same extent in some hot neighbourhoods or in certain areas with generally lower prices that remain attractive to first - time buyers.

No matter what features first - time buyers are looking for today, this remains a strong market for them.

In Atlantic Canada, where local economies have been resilient in the face of a worldwide recession and housing markets remain stable, 43 per cent of first - time buyers say they that job security is a factor in their decision to buy, while 84 per cent of buyers in British Columbia and Alberta said job security will influence them.

Despite a higher degree of frustration in the marketplace than in previous years, the Re / Max Affordability Report found that first - time buyers, in particular, remain steadfast in their determination to purchase a home.

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.

Thanks to strong demand from young, minority, and immigrant households — groups that helped boost first - time buyers to more than 40 percent of sales last year — the housing market was robust even as the broader economy remained sluggish.

«While the current economic crisis has caused some first - time buyers to either take it slowly or apply the brakes, home ownership remains a top priority for those who are able to take advantage of reduced carrying costs, rock bottom interest rates and lower house prices,» says Michael Polzler, executive vice-president and regional director, Re / Max Ontario - Atlantic Canada.

The new reality is that home ownership remains well within reach for most first - time buyers.»

The percent share of first - time buyers fell to 30 percent in June from 32 percent in May, but remained at or above 30 percent for the fourth consecutive month.

Headwinds do remain including tight credit that has been particularly harsh on first time home buyers.

The percent share of first - time buyers in July rose slightly for the second straight month to 29 percent (28 percent in June), but remain historically low.

Despite being at a historic low of 8 %, Brazil's key interest rate remains high, and a rise in rates could make first - time buyers struggle to finance their mortgages.