Sentences with phrase «in local housing market»

The agents are out there in the local housing market day in and day out so they'll have a good handle on how much similar properties go for in the surrounding area.
In such a case, the analyst needs to examine recent percentage changes in prices, and assess whether they will continue at the same or different pace based on the prediction of demand - supply conditions in the local housing market during the forecast horizon.
Household growth is one of the major forces that drives increases in housing demand; and if such increases occur in a market with low vacancy rate and slowly responding housing supply they will trigger significant value and price increases in the local housing market.
A majority of respondents revealed that housing prices in their area are higher than last year, and 38 percent reported an increase in local housing market activity in the past year.
From unpredictable activity in the local housing market to an unforeseen foundation problem, the fluctuation of a property's value can become quite confusing for the average homeowner.
But their decisions — which so many of them now regret — might have been products of circumstances (i.e. money), supply - demand equations, or inflated confidence in the local housing market, in the quality of the home, or in their stage of life.
Declining demand in the local housing market may be triggered by an economic downturn and declining income, which may motivate individuals that would otherwise leave parental homes or other joint living arrangements to rent their own unit to postpone such decisions.
According to research from Zillow, homeowners are typically more confident in their local housing market than renters, but that confidence gap has started to narrow.
Always be sure that the price of the home is below its value in the local housing market, or you'll stand no chance of gaining a profit from renovation efforts.
The Toronto Real Estate Board is already pushing back against the possibility of this measure, arguing foreign buyers are a positive force in the local housing market.
We curate data and insights from a variety of sources, and use them to create a clearer picture of what is happening in local housing markets.
«The pace of overall housing production has been edging gradually upward all year as consumers become more confident in their local housing markets, and the latest data are further evidence that the housing recovery is here to stay,» adds NAHB Chief Economist David Crowe.

Not exact matches

If you're ready to jump in and buy, and you can afford a house in your local market, then do it.
Governments in Australia, New Zealand and the United Kingdom all are trying to slow the rush of international capital into local housing markets.
As it stands, the fundamentals underpinning housing markets in Vancouver and Toronto remain strong — local economies are growing, immigration is robust and interest rates are low.
Keep in mind that not all housing - related stocks are created equal, in part because housing markets are notoriously local.
In an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raquIn an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raquin oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raquin petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raquin downturns, and «fewer [local] jobs means weaker housing demand.»
The world is awash in cheap debt, and whether we're talking about wealthy foreigners or local residents desperate not to be shut out of the market, the siren call of fast - rising house prices is too powerful to ignore.
The different trajectories for home values and list prices demonstrate how instrumental local economies are in guiding housing markets.
If you're thinking about buying a home in San Ramon, California, you probably have a lot of questions about the local housing market.
Arch MI gauged the economic foundations of home values in 100 major metropolitan areas to determine local housing markets with «minimal» risk.
«If confirmed, this will be the first time in the past half year that the central government announces supportive measures — not just the local governments — raising some people's hope that there may be more central government support if the housing market does not recover,» Du Jinsong, a property analyst for Credit Suisse in Hong Kong, wrote in a note.
The ratio was above the sellers» market threshold in about 60 % of all local housing markets in March, the majority of which are located in British Columbia, in and around the GTA and across southwestern Ontario.
The ratio was above 60 % in just over half of all local housing markets in April, mostly in British Columbia and southwestern Ontario.
What Fresno needs is a more productive economy, not a white knight to swoop in and save the local housing market.
Some of the biggest discrepancies between the performance of the local economy and the housing market occurs in some cities that are in the worst shape.
It continued to borrow to finance budget deficits after its economy started shrinking in 2006, when the Internal Revenue Service phased out tax breaks for U.S. manufacturers in Puerto Rico and the local housing market soured.
Local Market Monitor expects prices in these housing markets to continue climbing over the next few years.
The local housing market in Bakersfield has largely avoided the volatility seen in some of the coastal California cities.
To find out which housing markets offered investors and home buyers the best bang for the buck, Forbes and Local Market Monitor examined the 100 biggest metro areas in the U.S. (all with populations of 600,000 or higher).
This popular, recurring series looks at housing conditions in medium to large metropolitan areas across the country, and then ranks the hottest markets based on local supply and demand factors.
Local housing markets in Rochester, NY; St. Louis, MO; Birmingham, AL; and Milwaukee, WI are now showing signs of improved strength and stability.
The city has much to offer young people in particular, which helps fuel the local housing market.
The good news is that job creation in the DFW area has continued to support growth of the local housing market.
As mentioned earlier, home prices are expected to continue rising in most of the housing markets on the Forbes / Local Market Monitor list.
The farm sells produce to local residents of the subsidized housing next to the farm, and the farm has a booth at a farmers» market in another part of the city.
She calls her brand House Scrubs and she sells them at local markets in Denmark.
It has become my tradition on these ski trips to have a day or two by myself to head to the local market, cook up a new recipe, sip some wine and simply enjoy the day in the house while the others are on the slopes.
The Vine's marketing dollars are spent mostly on social media, some local newspapers and magazines, in - house marketing and different types of guerilla marketing, such as handing out flyers or promotional items.
«Providing further evidence of the level of technical and commercial capabilities BES brings to our markets, we are delighted to have designed and commissioned this unit in - house and to have had it built utilising local contractors.
That this House: (1) notes with concern the impact on the Dairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains».
Since beginning in 2002, Inko's has supported via marketing and demo programs such smaller, local natural markets as My Organic Markets in Maryland; Westerly Market in NYC; Tunies and Richards Whole Foods in Florida; House of Nutrition in Luzerne PA; New Seasons in Portland, OR as well as a host of other stores and food co-ops across the Country and in Alaska and markets as My Organic Markets in Maryland; Westerly Market in NYC; Tunies and Richards Whole Foods in Florida; House of Nutrition in Luzerne PA; New Seasons in Portland, OR as well as a host of other stores and food co-ops across the Country and in Alaska and Markets in Maryland; Westerly Market in NYC; Tunies and Richards Whole Foods in Florida; House of Nutrition in Luzerne PA; New Seasons in Portland, OR as well as a host of other stores and food co-ops across the Country and in Alaska and Hawaii.
«Rather than poorly serviced mono - estates bolted - on to market towns, we must plan for new neighbourhoods and community extensions which ensure that the housing provided offers a variety of tenure, with the provision of live / works spaces and local services, all in sustainable communities where people want to live and work,» comments Town and County Planning Association (TCPA) senior policy officer, Fiona Mannion.
To support private sector efforts in expanding access to housing, the Ministry of Finance will partner with banks, pension trustees and securities market players to start a process of developing and deepening the local mortgage and housing finance market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.
- Local authority and housing association tenants in England who earn more than # 30,000 - or # 40,000 in London — will have to pay up to the market rent
Attempts were made through the Housing Act 1996 to bring HB spending under control, through the introduction of «Local Reference Rents» (determinations of average market rents for dwellings of the same size in an area) and the further restriction of eligibility for under 25s through SRR.
A report from the Commons» communities and local government select committee says general conditions in the UK housing market were not prioritised above political considerations.
Proposals to abandon top - down planning targets and grant more power to local councils would not address the problems in the housing market and could even risk creating new ones, Liberal Democrats said today.
«In East New York, market - rate housing might as well be luxury housing,» said Michelle Neugebauer, executive director of the Cypress Hills Local Development Corporation and a coalition member.
While some voting «yes» to the new criteria say for - profit market - rate senior housing projects should, in theory, be handled entirely by the private market, supporters of the guidelines add that with an aging local population and places in Erie County in need of additional senior homes, especially in the Southtowns, the door could be left open to some projects by ensuring they comply with the ECIDA's new criteria.
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