Sentences with phrase «high price of homes»

«The average homeowner in California and Washington had a wealth gain of about $ 40,000, reflecting the high price of homes in California and the rapid appreciation in Washington.
Because of the high price of homes, many Americans are itemizing their tax returns.
Yes the banks and local governments can be a problem such as in LA where the California Environmental Quality Act is preventing new home building leading to sky high prices of homes.
In most places, the whiter the neighborhood, the better the school system; and the better the school system, the higher the prices of homes, making it impossible for those who aren't wealthy to escape substandard schools.
Your down payment will also need to be higher in order to account for the higher price of the home you wish to buy.
Almost by definition, the higher the price of your home, the fewer potential buyers there are out there for it.

Not exact matches

The decline is noteworthy because you'd think the stars were aligned for a boom in the construction of dream homes: the economy has been churning out jobs steadily for a year, real - estate prices are high, and interest rates are low.
This means we have a billion dollars of investment in our downtown and we have the highest rising home prices in the mid-South last year.
«We view this as a «home - run deal» for Disney and while its an aggressive acquisition with a high price tag, in our opinion this is the right move at the right time as the marriage of these assets creates a much more formidable Disney,» Ives said.
Like the home prices, dining costs are also pretty high here, but you'll find plenty of great cocktails and entrees available.
The tighter mortgage lending rules, which make it harder for home buyers to qualify for uninsured mortgages, are also shrinking the pool of qualified buyers for higher - priced homes, said Gregory Klump, chief economist of the Canadian Real Estate Association.
The new ease of access is surely going to drive home prices higher, especially as before the rail line opened, access to the city essentially required use of the often - standstill 210 and 605 freeways.
«As a result, «affordably priced» homes are becoming less affordable while mortgage financing for higher priced homes remains out of reach of many aspiring move - up home buyers.»
Canadian teams are guaranteed to sell out their home games most of the time, which has long kept ticket prices higher in Canada than for most American teams.
At the higher end of that price range, there are certainly options that don't require sharing, and that's where other considerations — a shorter commute, better coffee shops, rooftop access and a roommate to come home to at night — come into play.
Whereas huge swaths of the country remain hobbled by scarce credit, depressed home prices, and high levels of unemployment, the technology hubs in Silicon Valley, Boston, and New York City are booming.
«Because of the higher prices, smart home devices are still considered a premium product.»
The median price of a vacation home sold in 2016 was $ 200,000, up 4.2 percent compared with 2015 and the highest median price since 2006.
As for the number of homes priced $ 5 million or higher, the area had 12 listed at the time the research was collected.
Lack of supply is driving home prices higher and hurting homebuyers with stagnated wages, Mike Fratantoni says.
Sales of higher - priced homes gained.
The tax, which takes effect Tuesday, was introduced by the British Columbia government with the intent of improving home affordability in Metro Vancouver, where house prices are among the highest in North America.
Morneau said many families looking to buy homes have found themselves priced out of the market, while others have had to pile up high levels of debt.
While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.
High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Service.
A new Olshan Realty report found that homes with prices of $ 4 million or more that went into contract during the year's first 12 weeks took an average price cut of 10 percent, the highest going back to at least 2012, according to Bloomberg.
The estimated monthly house payment for a median - priced, three - bedroom home purchased at the end of 2013 was a whopping 21 percent higher than it was at the end of 2012, according to RealtyTrac.
Rising home prices and increased demand for high - end real estate has effectively raised the threshold of luxury to at least $ 5 million.
The impact is most severe for high - priced homes, especially in parts of the country where a greater number of people itemize their taxes.
It's also going to put a damper on sales of higher - priced homes.
Existing home sales are on track for a decent increase in June, building permits are back above natural household formation, home prices continue to set new highs, and Canadian household leverage has now passed that of their US counterparts.»
Developers of high - priced Shanghai residential projects have been overwhelmed by deep - pocketed prospective buyers as local government price controls turn the homes into bargains.
Herper homes in on a relatively new class of super-powerful (and super expensive) cholesterol - busting drugs called PCSK9 inhibitors (which were just shown to reduce death from any cause, and particularly heart - related conditions), and how patients with staggeringly high cholesterol who would benefit from the treatments had to wrangle with insurance companies that refused to cover them over their high prices.
«We looked at income, supply, demographics, interest rates and took all of these things into account, and we still come up short in trying to explain why people have been so willing to pay higher and higher home prices relative to their income.»
To be eligible, first - time buyers must be pre-approved for an insured high - ratio mortgage for at least 80 per cent of the home's purchase price.
Higher prices because of increased labor costs and other expenses have led some consumers to turn to more at - home cooking.
Buyers are out in force, but home prices are high and there is record low supply of homes for sale in most major markets.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
The signs of a classic bubble, such as a run - up in real estate speculation and oversupply, are also absent, and even though home prices are high, there is no reason to think they'll plummet.
The median sale price of a home in Palo Alto hit an all - time high of $ 3 million in December.
It's not that property tax rates are all that high in California (they are about 1.25 percent of the value), it's that home prices there are astronomical.
Those views are largely predicated on three factors: higher borrowing costs; increasing curbs on home buying to cool soaring prices; and government - mandated shutdowns of some steel mills and factories in coming months to reduce winter air pollution.
However the high gasoline prices of the past year and increased acceptance of home - charged electric cars are helping condition consumers to adopt urban vehicles with limited range as a trade - off to escape the high cost of gasoline.
Google is developing a larger, higher - quality, and assumably higher - priced Google Home that would take on the likes of the Sonos Play: 3, according to two sources familiar with the project.
Benefits — Each family / real estate investor keeps average $ 600 / mo for 2 yrs, real estate in all major metropolitans will have a traded price, increase buying power of low income high credit citizens, stimulate real estate investment by making it easier for investors to cash flow a rental property, reduce home inventory, the increase home values and liquidity provides incentive to put the $ X trillion in capital currently on the sidelines back to work and mortgage prepayments will increase capital availability.
The combination of higher home prices and a higher mortgage interest rate means that waiting could cost you.
While the rest of us might be struggling to hold onto homes with $ 200,000 mortgages, jumbo loans come with such a high price that they can't be obtained through the major government - sponsored enterprises in the mortgage industry.
The median price of a home sold in July hit $ 258,300, the highest July price on record.
In some more expensive areas, the conforming limit is higher than $ 417,000 as an acknowledgment of the higher - than - average home prices.
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.
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