Sentences with phrase «hot housing markets»

Even in hot housing markets, the old saw holds true: «If people drive by your home and are not impressed they're not going to walk inside,» says Dick Gaylord, who has sold real estate for 27 years.

Other cities, such as Raleigh, North Carolina, and Seattle, also top the list of this year's hot housing markets.

The most dramatic hikes were seen in Western Canada's red - hot housing markets, led by Saskatoon (+24 per cent), Calgary (+22 per cent), Edmonton (+19 per cent), Kelowna (+16 per cent for town homes, +12 per cent for apartments), Vancouver (+14 per cent for town homes, +11 per cent for apartments), and Victoria (+9 per cent for town homes, +12 per cent for apartments).

«This trend raises the distinct possibility of housing price bubbles emerging in some of these hot housing markets,» he adds.

We've been reporting on these red - hot housing markets for months now.

Unlike other hot housing markets, Detroit has a pretty good supply of homes available for sale.

They expect the formerly hot housing markets located in the West and Northeast to cool down next year.

Last but not least, home buyers in San Francisco and other hot housing markets need to make reasonable offers based on comparable sales in the area.

Among the last generation of hot housing markets such as Orlando, Riverside, CA, Phoenix and Miami, less than 10 % of all homes have regained their 2007 peak value.

«Taxing foreign buyers is not the solution for reining in the hot housing markets in certain parts of the country.

Meanwhile, two hot housing markets, Dallas and Denver, continued to move deeper into rent territory but at a slower rate than earlier quarters.

All indicators of expectations over the next six months are down, suggesting practitioners expect hot housing markets to cool.

The term «drive till you qualify,» often tossed around in hot housing markets, refers to buyers traveling far from a city's center to find houses they can afford to purchase.

«CMHC has already increased its mortgage default insurance premiums twice in 24 months; they've increased the down payment on homes worth $ 1 million or more to 20 % and they increased the down payment made on rentals to 20 % — and none of these changes have really cooled Canada's two hot housing markets.

In red - hot housing markets, some agents claim it's necessary to make multiple offers.

This condition was once considered the gold - standard in buy / sell transactions, but hot housing markets quickly put a stop to this when buyers with less restrictions put in offers with little or no conditions.

In hot housing markets such as California and the Pacific Northwest, rents are going up by about 14 % per year.

Post-2007 unemployment was relatively worse in groups 1, 2 and 5 versus the other groups, because they were part of the hot housing markets, and lost more construction jobs as a result.

For this year, however, the bank believes hot housing markets in cities like Toronto will help residential investment deliver a «significantly higher» contribution to Canada's growth performance than it had anticipated in January.

Now, an incredibly, impossibly stupid thing has been allowed to happen: people are expected to put no - condition offers on places in bidding wars in our hot housing markets.

Recently, home prices have crept back up, thanks to hot housing markets.

«However, hot housing markets can come and go.

They expect the formerly hot housing markets located in the West and Northeast to cool down next year.

Bank of Montreal chief economist Doug Porter said in a note Thursday that being in the top tax bracket does not mean Canadians can live large in hot housing markets like Toronto.

Homes in these five metros stay on the market for an average of just 54 days and rarely feature slashed prices; bidding wars are common in these hot housing markets.»

Last but not least, home buyers in San Francisco and other hot housing markets need to make reasonable offers based on comparable sales in the area.

It remains to be seen whether the changes will have a cooling effect on hot housing markets or how much more difficult it will be for would - be homebuyers to secure mortgages.

Home sales across the country have dropped in the wake of several government policy measures, including a stress test for home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot housing market.

For those in the market to buy, the key right now is to find a neighbourhood that can withstand a potential correction in this hot housing market.

There was at least some evidence that China, the world's second largest economy, had stabilized, if only because of a burst of government spending and a red - hot housing market.

New Zealand's central bank on Tuesday signaled further rate cuts to stoke anemic inflation but said that moving too fast risks inflaming a hot housing market, triggering a jump in the kiwi dollar.

The bank also believes there are fewer imminent risks facing the global and Canadian economies, although the speed of the slowdown in Canada's previously hot housing market could become a new challenge.

That, along with solid job growth and one of the hottest housing markets in the country, wins the state a No. 3 finish in our Economy category.

With mounting scrutiny over the sizzling hot housing market and the risks it poses for our public coffers, though, it's unlikely that Ottawa will step in to raise the cap again this time.

But 5.6 % is still well above the national forecast for year - over-year price growth, and that makes Dallas another hot housing market to watch in 2016.

But they might be surprised by how hot the housing market is in the state capital.

By their estimation, Dallas, Texas was one of the hottest housing markets in the country for September 2017, appearing at # 12 on their list.

Both Realtor.com and Zillow have predicted that Sacramento will be one of the hottest housing markets in 2017, with price growth well above the national average.

We can help you prepare for this hot housing market by getting pre-approved for a loan.

By many measures, Oakland was one of the hottest housing markets in California during 2016.

This will make Seattle one of the hottest housing markets in 2016, by Zillow's estimate.

In November, Dallas was ranked # 5 on the hottest housing markets list.

Earlier this year, Zillow published a list of what it felt would be the ten hottest housing markets of 2017, in terms of price growth.

Thus, the average down payments tend to be highest in the hottest housing markets.

Earlier this year, the company also predicted that the state capital would be one of the hottest housing markets in 2017, for the reasons mentioned above.

By contrast, in Canada's hottest housing markets — Vancouver and Toronto — outsiders buying property are typically called less - endearing names, including «non-resident speculators.»

Indeed, there's no question that the Chinese love for Canada remains robust, and Vancouver is undoubtedly one of the hottest housing markets there with homebuyers from China — Vancouver retained its ranking as the second most - viewed Canadian city for Chinese buyers on Juwai.com last year.

Sacramento, California was ranked as the tenth hottest housing market for 2017.

The BC government has taken measures to cool its hot housing market and it's left some Albertans steaming.

The red - hot housing market around Toronto and the Golden Horseshoe has helped Canadian house sales rise 6.6 % in the year to March 2017 to a new record and values by 18.6 %.