Sentences with phrase «high home prices»

But there is a limit to how high home prices will rise in any location, regardless of how many high - end fixtures you add.

«Buyers have traditionally sought refuge in the suburbs during times of high home prices,» said Javier Vivas, director of economic research at realtor.com ®.

«The market will experience regional differences, with more affordable areas, such as the Inland Empire and Central Valley, outperforming the urban coastal centers, where high home prices and a limited availability of homes on the market will hamper sales.

Is this just a comment on high home prices?

«High home prices are really prolonging the search for thousands of potential home buyers and preventing them from pulling the trigger,» said Rose Quint, assistant vice president for survey research.

«Unless you're a millionaire, it's difficult to fathom San Francisco's insanely high home prices.

With six - figure law school debt and sky - high home prices, he worries that even two attorneys» salaries may not qualify them for a mortgage in a neighborhood where they want to live.

But high home prices in the West are making it hard for some people to buy, even with the low mortgage rates.

Housing in California has also become so heated that despite its broad appeal, the state is experiencing net loss in migration, with its high home prices often cited as the key driver.

The survey said of those homeowners who are interested in selling their home either to upgrade or downsize, 72 percent say they are concerned with timing the real estate market; 63 percent say now is a good time for them to sell, but not to buy, due to high home prices; and 61 percent are «waiting until prices to buy are better to make a move.»

With record - high home prices fueled by tight inventory and high demand, it's a seller's market, but many would - be sellers are hesitant to sell because of the price they'd have to end up paying for a new home.

«We know that millennials would like to own a home, but we also know that they struggle to find suitable for - sale options near major employment centers due to high home prices and low inventory.

In simplest terms, the boomers aren't moving, and the millennials are — out of the state — driven in part by high home prices in California, said Leslie Appleton - Young, chief economist for the California Association of Realtors.

The formula «good schools equal high home prices» might as well be tattooed on the forehead of every realtor in the County.

Here's a look at 12 housing markets where healthy rents, high home prices and historically low mortgage rates have prompted a boom in single - family rental inventory.

High home prices, hot competition and very, very few available homes to buy are combining to make this popular trade ever more risky.

At today's sky high home prices, there's no way I could pay off my mortgage in three years by age 30.

First, due to increasingly high home prices, there was no way the 24 - year - old could break into his nearby New York Metropolitan market.

One of the biggest challenges is going to be in certain high - cost parts of the country where they have high home prices, relatively high property taxes or high state income taxes, then that's ultimately going to make the cost of owning a home more expensive.

However, a tight housing market with record - high home prices across much of the country could continue to keep many people in rentals for the foreseeable future.

It's often the result of high home prices, relative to average household income.

«Buyers have traditionally sought refuge in the suburbs during times of high home prices, but with today's record highs even the suburbs have gotten pricey, which has demand flooding outward as options disappear and prices move further out of reach in top job hubs,» Vivas says.

Market While low mortgage rates are undermined by high home prices, buying in southern metros is at times more than 50 percent cheaper than renting, according to Trulia.

Despite high home prices, 2017 is expected to observe noteworthy buying activity from several groups.

Markets with high home prices and property taxes will likely feel some impact from the reduced tax benefits of owning a home.»

«It's clear that high home prices are a growing challenge helping to send buying sentiment to a record low,» Duncan says.

Smaller homes are generally more affordable, which is key for many first - time homebuyers squeezed by high home prices and student debt.

Los Angeles, Miami, Newark and New York are the least likely to be selected, according to the experts, chiefly due to congestion, high home prices and lack of incentives.

A case of lower inflation, however, would be beneficial, especially for homebuyers on the sidelines due to too - high home prices.

Record - high home prices will tamp down first - time homebuyers, as well.

With such high home prices, many residents choose to rent.

Combined with record - high home prices, housing affordability is already suffering in these markets and will only worsen as rates climb.

The overall status of California's real estate market is bleak, with sky - high home prices that far exceed the cost of constructing a new dwelling.

High home prices, rather than contributing to bankruptcies and proposal in Ontario, are temporarily masking a future financial risk.

Currently in Canada we have low mortgage rates and high home prices.

The guidelines, known as B20, are aimed at curbing risky lending amid rising household indebtedness and high home prices in some markets.

What's more, low mortgage rates have helped offset the spike in high home prices, helping temper the market and ensure that first time buyers can still afford to take the first step up the property ladder.

But high home prices may make the dream seem out of reach.

It is a great advanatge to this kind of financing if you ro your family were stationed in states with high home prices like California.

When you add in all these extra expenses, you can see that investing in an income property is no walk in the park or surefire way to profit from record high home prices.

At today's sky high home prices, there's no way I could pay off my mortgage in three years by age 30.

That's not the case in many of Canada's other big cities, where high home prices far exceed residents» ability to afford them.

A type of mortgage loan available in areas with high home prices.

Blomquist blames the county's high home prices on the Lone Star State's generally strong economy, coupled with hip Austin's popularity and the presence of the University of Texas / Austin's 50,000 students.

That will change soon, if Poloz can shake off some of the concerns that, as he acknowledged in a speech last week, keep him «awake at night» — such as record - high home prices and household debt, lagging youth employment and cyber threats that could disrupt Canada's financial system.

A recent study revealed that a lot of people who are leaving the San Francisco Bay Area because of high home prices are moving to Sacramento, the state's capital.

This has larger implications when coupled with slow wage growth, high home prices, and mounting student debt.

Markets with high home prices and property taxes will likely feel some impact from the reduced tax benefits of owning a home,» said Yun.

High home prices create «two realities» that in turn lead to distinct lifestyles and sets of concerns, according to some residents.

There is new data showing people are now leaving California due to sky - high home prices, and that is already cooling down some local markets in the state.