Sentences with phrase «homes during the recession»

Some of their parents lost jobs, businesses and even homes during the recession, and millennials may have seen their parents live off credit cards and get in trouble with credit card debt.

Millions lost their homes during the recession and others chose to rent instead of buying.

Not exact matches

CSN Stores, a Boston - based e-commerce home and office goods retailer, is one company that remains committed to improving customer relationships during the recession, says CEO and co-founder Niraj Shah.

He said the difference might be because new infrastructure added during times of economic growth - new homes, roads or factories - is still used during recession.

Entrepreneurs might have less access to potential capital, with little ability to look at home equity since the housing market collapsed during the recession.

Wall Street hedge funds and investors have been gobbling up affordable homes and turning them into rentals, in many cases renting them out to the same people who were foreclosed on during the Great Recession.

Typical new home size falls prior to and during a recession as home buyers tighten budgets, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.

In contrast to the slow, steady recovery in consumer confidence, plans to buy a home snapped back sharply after declining during the recession.

McAleese says the company also provides convenient, low - cost products that have proven popular during the recession as people eat out less frequently and spend more time at home.

Note that during the recession, the numbers of both moms and dads who stayed at home dipped, but the dads» numbers went back up more quickly, according to this data from the U.S. Census.

In Michigan's 11th District, Haley Stevens compared her decision to run against Republican Rep. Dave Trott to one she made during Great Recession to work as chief of staff for the Treasury Department's Auto Task Force during the bailout of her home state's auto industry.

The Tories opposed intervention to prop up the banking system, rejected support for home owners, jobs and consumer spending during this recession.

Sharga says, «There's a third group of current homeowners who have gone through the recession and come out of it still in their homes, but with disastrously damaged credit scores due to narrowly escaping foreclosure, or having defaulted on other credit during the downturn.»

That fund gives you the ability to cover unexpected home costs like a broken air conditioner — or the mortgage payments if you lose your job, like many homeowners did during the recession.

Because so many people have seen their home values plummet during this recession, it can be tough for them to get a large enough appraisal to qualify for a mortgage refinance or new home loan.

They've never had any debt, except for a $ 75,000 mortgage on a three - bedroom, two - storey home in Red Deer that they bought during the recession of 1991.

We are all aware home values took a big hit during the recession, but some areas were hit harder than others.

Many people lost their homes this way during the last recession.

According to a letter sent to mortgage lenders, the FHA said it would offer mortgage insurance to borrowers who, during the recession, filed for bankruptcy or lost their homes through a foreclosure or short - sale proceeding.

Yes, HELOCs were frozen during the most recent recession because home values plummeted, but your employer isn't going to call the bank when you lose a job, nor will your credit score be affected if you don't suddenly start missing payments.

Even in states like New Jersey and Maryland, which fared relatively well during the recession, homes lost between 7 % and 10 % of their value.

I tried Merrick Bank in an effort to better my credit as it had been damaged when I lost a home to foreclosure back in 2010 during the recession period.

Others buy homes while the economy is great and then lose their jobs during a recession.

During the recent recession, many houses lost value, with a concurrent loss of home equity for their owners.

At the same time, older Americans are increasingly finding it necessary to keep working — because their nest eggs and home values took a beating during the Great Recession, and / or because they still need to pay off credit cards, mortgages, student loans, and other debt.

To prevent foreclosures during the Great Recession, millions of homeowners did whatever it took, including renting out a room to help them make their mortgage payments and keep their homes.

Now more than ever, these types of loans are increasingly difficult to obtain, due in large part to the plunge in home prices during the recession.

CoreLogic's analysts noted that they are likely to be in their early 50's (since the average age of a homeowner who lost a home to foreclosure during the recession was 45) and that they rely heavily on references when choosing a real estate professional.

After being nearly shut down with the collapse of housing prices during the Great Recession, lenders are once again opening up their wallets and allowing people to borrow against the value of their homes.

Given that sabbatical (during which the Hong Kong - born, New York - based artist set up his Badlands Unlimited publishing house), perhaps it's fitting too that the first section of the book brings together a series of texts — «What Art Is and Where It Belongs» and «On Art and the 99 Percent» among them — that, at their heart, consider questions concerning the definition of art and its role in society, with a particular focus on its relation to ideas of home and community, much of it in the context of America's wars in Iraq and Afghanistan, and the subsequent global economic recession.

Related to this is the discovery that «Recession Millennials», those who entered the job market during the Great Recession of 2007 - 2009, continue to spend more money on food at home than those who entered the job market afterwards.

The concept of «living little» started to rise during the decluttering / minimalist craze of the» 00s and gained traction when the recession hit, as a way to combat ridiculous mortgages, endless weekends spent on home repair and lawn - mowing, and the bitter reality that your house value can, despite all your work, drop like a rock when the big boys on Wall Street screw up.

This particular stressor really became a widespread issue during the recession of 2009, when many employees were losing their homes, drowning in debt, and facing the possibility of bankruptcy.

Home» Best Resume Writing and Career Marketing Blog» 21 Tips to Speed Your Job Search Even During a Recession

During the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as childDuring the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as childduring the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22

Typical new home size falls prior to and during a recession as some homebuyers cut back, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.

She appreciates helping people willfully sell their homes, as opposed to selling in distress during the most recent recession.

During the recession, investors flocked to the market, buying up cheap homes and turning them into cash - flow rentals.

During the recession, the average new single - family home was 2,135 square feet.

«New - home construction, higher than during the recession but still low, is another factor in rising prices.»

«Last month there were more prospective buyers, and homes are selling more quickly than during any other May since the recession,» says Javier Vivas, manager of Economic Research at realtor.com.

According to Lawrence Yun, NAR chief economist, lost in this discussion are the numerous Generation X households who bought their first home, started a family and entered the middle part of their careers only to be rattled by job losses, falling home values and overall economic uncertainty during and after the Great Recession.

«Given the natural tendency to stop spending in uncertain and turbulent times — it happened during the Gulf War and helped to bring on a recession — it's highly probable that consumers will pull back consumption again, particularly of durable, big - ticket goods like new home purchases,» said Robert Van Order, Freddie Mac's chief economist.

In contrast to the slow, steady recovery in consumer confidence, plans to buy a home snapped back sharply after declining during the recession.

With the onset of the Great Recession, the share of built - for - rent homes rose, with a dip in the percentage during the homebuyer tax credit period.

With the onset of the Great Recession, the share of built - for - rent homes rose, with a dip in the share during the homebuyer tax credit period.

Mobile home sales peaked at 7,167 during 2005 but dropped to 3,186 during the heart of the recession in 2010.

Among homeowners whose home increased in value during the recession, this confidence is even more pronounced.

During a major financial recession such as in 2008 - 2009, most homes actually lost value, meaning their owners saw their equity decrease.

In general, with the onset of the Great Recession, the share of such homes rose, with a dip during the homebuyer tax credit period.