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.
In
hot housing markets such as California and the Pacific Northwest, rents are going up by about 14 % per year.
Not exact matches
Appraised value for property is not concerned with current trends
such as a
hot or cold
housing market or the motivations of buyers and sellers.
In a
hot housing market, would - be-buyers may be tempted to submit a «clean» offer on a home, meaning their offer doesn't include any conditions on it,
such as confirmation of financing or a home inspection.
Yet, with
such historically - low interest rates the
hottest of Canada's
housing markets just kept rising.
He offers a suggestion on how to
market such a home: «Host a pool party open
house with a tropical theme on a
hot weekend.
Organizers discovered their ward has plenty of green clout owing to the dozens of
houses with solar panels and solar
hot water heaters, multiple community gardens and an orchard, the city's first subway bike shelter, and Artscape Wychwood Barns, a LEED certified building that
houses community organizations and events
such as The Stop's Farmers»
Market.
In a
hot market such as Toronto's, where
houses can sell quickly, consumers have to be told that selling a
house isn't that easy, said Michael Kalles of Harvey Kalles Real Estate in Toronto.
That's because the big factors moving the country's
hottest markets are largely beyond its control — rock - bottom interest rates, an influx of Chinese money and a scarcity of single - family
houses in cities
such as Toronto and Vancouver.
Buyers still have plenty of concerns,
such as saving for a down payment and eroding
housing affordability, particularly in the nation's
hottest housing markets.
A new survey by Century 21 Canada says that executives working in the downtown business districts of Canada's
hottest real estate
markets,
such as Vancouver and Calgary, experience
house prices and daily commute times that rank with those in the world's major financial centres of London, England, New York, Paris and Seoul.
Other cities,
such as Raleigh, North Carolina, and Seattle, also top the list of this year's
hot housing markets.
The
hottest property
markets currently are in nations that were among the worst hit by the recession and
housing collapse of 2008,
such as Estonia and Ireland.