Sentences with phrase «housing market recovery»

Several industries across different sectors benefit from a rentals - driven housing market recovery.

One of the biggest signs that a sustainable housing market recovery is taking shape: Consumer confidence is up.

Housing Market Recovery in the Region» About Regional & Community Outreach at the New York Fed The Federal Reserve Bank of New York regional outreach mission is to promote sustained economic vitality by leveraging the Bank's strengths to benefit the people in the District.

«As the nation's leading advocate for home ownership and housing issues, NAR knows that a strong housing market recovery is key to the nation's future economic strength,» said NAR President Moe Veissi, broker - owner of Veissi & Associates Inc., in Miami.

Management believes that the ongoing U.S. housing market recovery and a timber supply shortage from Canada will cause demand for its products to strengthen in 2015, but it does not anticipate a near - term rebound in demand from China or Japan.

«A comprehensive and effective mortgage reform strategy is critical to help keep a level of certainty in the marketplace and not further disrupting the still fragile housing market recovery.»

Government - sponsored enterprises Fannie Mae and Freddie Mac remain focused on supporting the ongoing housing market recovery while laying the groundwork for a better future housing finance system.

The new Housing Market Recovery webpage provides a series of interactive visuals to display where and to what extent home prices have recovered, and highlights the effect on home equity and home affordability.

The nation's housing markets gained traction in 2013, but lingering uncertainties will prevent a full housing market recovery, according to 2014 NAR President Steve Brown in a news conference today.

«The gap between the metros with the strongest and weakest housing market recoveries is as wide as it has ever been.»

«We fully support Chairman Bernanke's comments that the lack of available and affordable mortgage financing, low home values and high foreclosure inventories are inhibiting a meaningful housing market recovery.

«Timberland ownership in the South is highly fragmented, and southern sawlog prices are poised to recover to trend levels as the U.S. housing market recovery continues.»

It also documents the accelerated progression of the Mid-Atlantic housing market recovery.

WASHINGTON (Reuters)- New home sales held near two - year highs in August and prices vaulted to their highest level in more than five years, adding to signs of a broadening housing market recovery.

«Overall, the ongoing rise in home prices should remain supportive for the broader housing market recovery, helping to sustain the improvement in homebuyer confidence and to bring a considerable number of underwater homeowners back above water,» said Gennadiy Goldberg, U.S. strategist at TD Securities.

«The robust housing market recovery is occurring in spite of tight access to credit and limited inventory.

«As the nation's leading advocate for homeownership and housing issues, NAR knows that a strong housing market recovery is key to the nation's future economic strength,» said NAR President Moe Veissi, broker - owner of Veissi & Associates Inc., in Miami.

NAR is concerned that without a comprehensive plan for reforming the secondary mortgage market, proposed legislation to quickly constrain Fannie Mae and Freddie Mac before an adequate replacement secondary mortgage market mechanism is established will further disrupt the still fragile housing market recovery.

Currently the biggest foreign buyers of American homes, this immense push from Chinese buyers has been extremely beneficial in aiding the success of the U.S. housing market recovery.

That mission was being impaired by unnecessarily high fees and downpayment requirements, which were limiting the housing choices of creditworthy buyers and putting off a full housing market recovery, which is why Realtors ® supported the recent policy changes.

Federal Housing Finance Agency Director Mel Watt will join Yun to discuss his perspective on the current housing market, issues facing consumers and sustaining the ongoing housing market recovery.

They had increased 1.2 percent in May and have been boosted by the housing market recovery.

U.S. home resales rebounded more than expected in March, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter.

The Housing Market Recovery tool is part of the New York Fed's continued commitment to provide policymakers, the public and other stakeholders useful information about the region.

New York — The New York Fed today released a new interactive tool that provides data on the state of the housing market recovery in New York, New Jersey and Connecticut.

In defense of my unwavering position, I have always said «a recovery in price alone is not a housing market recovery».

Record low domestic interest rates spurred a housing market recovery that allowed the banks to grow their mortgage books, post record profits and increase dividend payout ratios.

The index, which takes into account changes in seniors» home equity and mortgage debt, has seen a continual upward swing each year since the beginning of the housing market recovery in 2010.

Again, this expands the pool of people who stand to be approved for mortgages, which could also help fuel the housing market recovery.

This could have the effect of chilling FHA lending in economically depressed areas of the country (which tend to have higher default rates), adding another obstacle to housing market recovery.

While still touting a housing market recovery, area real estate associations are mindful that the market is still recovering, with the fits and starts that all that entails.

This would really under - cut the housing market recovery efforts in high cost regions in states like California, Colorado, Connecticut, Hawaii, New York, New Jersey, Virginia, Maryland and Washington DC.

The Joint Center For Housing Studies Of Harvard University released The State of the Nation's Housing report today and assessed that the key to a housing market recovery in the United States will hinge largely on the state of the job market.

While the monthly Producer Price Indexes (PPI) for framing lumber and OSB increased from March to April, 3.2 % and 6.5 % respectively, weekly data from Random Lengths indicate April may be the beginning of a reversal of the steep increases that have accompanied the housing market recovery.

The white paper, The U.S. Housing Market: Current Conditions and Policy Considerations, calls for increased lending to creditworthy home buyers and more loan modifications, mortgage refinancings, and short sales to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry; an approach long recommended by NAR to help spur the housing market recovery.

A panel of industry experts told several thousand Realtors ® gathered at a special symposium that the pendulum on mortgage credit has swung too far in the other direction after the recent housing downturn and is putting an unnecessary burden on creditworthy consumers, impeding the economic and housing market recoveries.

Paul Bishop, NAR vice president of Research, said the industry sees greater competition in tandem with the housing market recovery.

«First - time homebuyers are a critical component of the housing market recovery,» said Jay Hummer, Executive Vice President and Regional Director at RE / MAX of New England.

A narrow definition of the impending Ability to Repay regulation could harm consumers and the housing market recovery, according to the National Association of REALTORS ®.

The housing market recovery should continue through the coming years, assuming there are no further limitations on the availability of mortgage credit or a «fiscal cliff,» according to forecast presentations at a residential forum here at the 2012 Realtors ® Conference and Expo.

We are particularly encouraged by the broad - based nature of the housing market recovery so far in 2013.»

At the same time, we're committed to maintaining widespread access to mortgage credit for responsible American families, which is the key to providing the middle class with access to home ownership and the key to returning to a robust, but sustainable, housing market recovery.

Distressed inventory is no longer reinforcing a strong housing market recovery.

They zero in on regions where rent rates and home sale prices have risen modestly during the housing market recovery.

«The pace of the housing market recovery quickened in April as home prices rose across the U.S.,» said Anand Nallathambi, president and CEO of CoreLogic.

«Until the foreclosures slow considerably, we won't see a housing market recovery.

Foreign buyers buying less in U.S.: Foreign buyers helped fuel the housing market recovery, but there are signs they're presence is receding.

Multifamily starts tend to be more volatile but have trended upward since hitting bottom in late 2009 and have outpaced single family production in the housing market recovery.

A key factor in the housing market recovery is returning to the national market en masse, much to the elation of housing market analysts.