Sentences with phrase «good affordability conditions»

NAR President Ron Phipps, broker - president of Phipps Realty in Warwick, R.I., said buyers are responding to very good affordability conditions despite tight mortgage credit.

Not exact matches

cost of living, crime and safety, English spoken, entertainment, environmental conditions, expat community, health care, infrastructure, recreation, residency options and taxes, as well as real estate affordability and restrictions on foreign ownership.

While this has caused appreciation to slow across many property types within the Greater Vancouver market, condominiums have remained remarkably resilient in the face of recent conditions due to their relatively better supply and affordability.

We act in our customer's best interests, ensuring affordability, transparency of terms and conditions and we will also support you when it comes to any repayment difficulties.

The Quarterly Housing Affordability Index measures whether or not a typical family qualifies for a mortgage loan on a typical home at the national and regional levels based on quarterly price and income data, as well as a look at affordability conditions for firstAffordability Index measures whether or not a typical family qualifies for a mortgage loan on a typical home at the national and regional levels based on quarterly price and income data, as well as a look at affordability conditions for firstaffordability conditions for first time buyers.

«All year, the relationship between home prices, mortgage interest rates and family income has been hovering at historic highs, meaning the best housing affordability conditions in a generation,» he said.

«A continuation of last month's alleviating price growth, which was the slowest since last December (4.5 percent), would improve affordability conditions and be good news for the would - be buyers who have been held back by higher prices this year,» Yun says.

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

To identify those soon - to - be booming millennial markets, NAR factored in current housing conditions and housing affordability, job creation, and population trends in 100 metro area across the country that have a large millennial presence to determine the best markets for aspiring millennial home buyers.

Tight inventory and weaker affordability conditions are prompting consumers to doubt that now is a good time to buy a home, says NAR Chief Economist Lawrence Yun.

The National Association of REALTORS ® recently analyzed 100 metro areas to determine the best purchase prospects for young buyers; researchers compared the presence of millennials in the area, local job market conditions, housing affordability and inventory availability.

«For those with good credit, we've never seen better housing affordability conditions or market opportunities than we see at present,» he says.

But she says the expected moderation in underlying housing demand comes at a time when affordability is at a cycle low, supply conditions are becoming better balanced and pent - up demand has largely been satisfied.

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

Housing affordability is about the best it's ever been, but tight lending conditions have made it difficult for buyers to take advantage of the good conditions.