Sentences with phrase «increasing affordability issues»

«There have been increasing affordability issues in recent years as house prices outstripped earnings growth.

While the continuing pressure on home prices increase affordability issues and interest rates, it comes as good news for home sellers who are vying for some profit from their properties.

Not exact matches

But there are now an increasing number of lenders willing to consider loan applications as long as the key issues of income and affordability are addressed.

As the housing affordability crisis looms as the next big issue for our national housing market, an increasing number of would - be homebuyers are finding themselves unable to afford the cost of owning their own homes.

The Cassidy - Gillibrand legislation promises to address flood insurance affordability, coverage limits and solvency issues while encouraging increased mitigation and gradual private sector involvement.

Since this government came in October we saw housing affordability issues have become much worse particularly in the biggest and main two areas in Canada (Metro Vancouver and Greater Toronto areas): 30 % to 40 % increase of home prices in a matter of weeks and huge shortage of homes and rentals as a result of foreign buyers... big joke..

«The recent increase in interest rates could test affordability in the short run, but the desire to own a home remains on firm ground and may ultimately help normalize the inventory issues.»

«Affordability is an issue,» he says, adding the entry age for homeownership is increasing.

Earlier this month, NAR reported new home construction activity is currently insufficient in most of the U.S., and some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation.

Therefore, the combination of stagnant wages and rents that have increased significantly has created acute housing affordability issues for many people.

«Housing affordability remains a pressing issue with home - price growth increasing around four times the pace of wages,» says Yun.

The issue of affordability and homes close to city centers is increasing each year in Connecticut as first - time homebuyers and downsizers are competing for the same inventory.

Some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation.

After completion of the study, FEMA will have a better understanding of how rate increases will affect policyholders and be better equipped to provide Congress suggestions on how the NFIP can address affordability issues, said Rutenberg.

«With a stronger economy and labor market, it's critical to increase housing starts for entry - level buyers or else many will face affordability issues if their incomes aren't compensating for the gains in home prices.»