Sentences with phrase «inventory of the affordable homes»

Families moving into the town because of the award winning school district, district wide Universal Pre-Kindergarten, organic diversity, a mix of urban and suburban life, coupled with a big inventory of affordable homes has flooded the schools and left the district scrambling to make ends meet with less money.

«Younger and cash - constrained first - time buyers are responding to the low inventory of affordable homes by purchasing properties that require more than just cosmetic upgrades,» said Nino Sitchinava, principal economist at Houzz, in a statement on the survey.

Not exact matches

We have an inventory full of affordable sporty vehicles in Racine WI and we are ready to help you drive home in one today.

The healthy economic conditions are creating demand for borrowers to purchase homes, but the lack of inventory is holding these borrowers from obtaining a home that is affordable for them.

PROFESSIONAL EXPERIENCE Opa Locka Community Development Corporation, City • ST 2010 — Present Real Estate Development Director / Managing Broker Manage all Affordable Home Realty initiatives and manage acquisition and disposition of housing inventory with U.S. Dept. of Housing budget of $ 23MM and HUD neighborhood stabilization program project.

Neighborhood Housing Services of South Florida, City • FL 2009 — 2010 Real Estate Sales Manager Oversaw sales and marketing, inventory analysis and workforce scheduling to successfully delivery newly constructed and rehabilitated single / multifamily affordable homes within a 36 - month timeframe.

When you combine the tax credit with today's low interest rates, wide selection of for - sale inventory, and affordable home prices, many of the pieces are in place for your customers to buy now.

Heading into next year, higher home prices and limited inventory in the affordable price range will likely continue to hold back a share of renters who would prefer to be homeowners.»

Home purchases by millennials ticked up over the past year, but inventory constraints and higher housing costs kept their overall activity subdued and prevented some from leaving the more affordable confines of their Gen X and baby boomer parents» homes.

Sales of existing homes rose in July even with constraints of affordable inventory, and the national median price is showing five consecutive months of year - over-year increases.

«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.

Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce current and future inventories of real estate owned (REO) properties held by government agencies, according to the National Association of Realtors ®.

We believe more can be done to address the lack of available and affordable mortgage financing to creditworthy borrowers and stem the rising inventory of foreclosed homes, which is depressing home values in communities across the country.

Lawrence Yun talks about May pending sales, low inventory of homes for sale, short market times, rise in prices, and the lack of affordable homes.

In this video, NAR Chief Economist Lawrence Yun talks about May pending home sales, low inventory of homes for sale, short market times, rise in prices, and the lack of affordable homes.

Louis and Ryan discuss the impact of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the gold standard; the fate of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price of gold and silver and their role as stores of value; real estate vs. gold and silver as investments; the impact of shadow inventory on general inventory; the impact of the numbers of government workers and their salaries on the D.C. area housing market.

By boosting the confidence of this upgrade market, more inventory of entry level homes could be freed up in America, making it affordable for more first - time buyers to fulfill their American Dream of homeownership.

Last month, the Obama administration asked for proposals on how to convert at least some of Fannie Mae's and Freddie Mac's bulging inventories of foreclosed homes into affordable rentals..............................................

A report from NAR showed the lack of affordable inventory nationwide, revealing that between December 2014 and 2015 the number of homes on the market below $ 100,000 fell 11 percent.

«Orlando area inventory currently rests at 10,362 homes, which is both the lowest point this year and the lowest level since March of 2014,» says Orlando Regional REALTOR ® Association President John Lazenby, Colony Realty Group, Inc. «Housing inventory in Orlando has declined year - over-year for 15 straight months, which is driving values upward and causing prospective buyers to either waver at the steeper home prices or become disheartened by the competition for the low number of available affordable listings.»

Potential new home buyers struggled in this competitive market characterized by low for - sale inventories, large numbers of all - cash offers, and rapidly increasing prices which made buying a home less affordable and drove potential buyers to the single - family rental market.

When you combine the $ 7,500 home ownership tax credit that the federal government created earlier this year with today's low interest rates, wide selection of for - sale inventory, and affordable home prices, many of the pieces are in place for your customers to buy now.