Sentences with phrase «lack of affordable homes»

A lack of affordable homes for sale, tight credit and difficulty saving for a down payment because of rising rents and repaying student debt has slowed them down.
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.
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.
The lack of affordable homes for sale remains a critical issue, particularly for a growing number of first - time homebuyers and millennials, who are lining up for starter homes but can't break in.»
«Realtors ® are acknowledging with increasing frequency lately that buyers continue to be frustrated by the tense competition and lack of affordable homes for sale in their market.»
«Good options will remain scarce for many would - be buyers because there is still a major lack of affordable homes for sale, prices continue to rise and mortgage rates are heading up,» says Joseph Kirchner, senior economist at realtor.com ®.
The lack of affordable homes and strict planning regulations touches many lives.
The current lack of affordable homes and high house prices are creating a housing crisis, he argued.

Not exact matches

Pending home sales in March, which measure signed contracts, not closings, fell more than expected, with real estate agents blaming a severe lack of listings, especially in more affordable price ranges.
Market characteristics have melded to create a perfect storm where prospective homeowners are unable to find adequate affordable property due to an extreme lack of supply, and have thus refrained from putting their own homes on the market, causing sales activity to slow further and price rises to lower.
Our analysis shows that the lack of savings by millennials, combined with the extreme shortage in affordable entry - level homes, means that a large share of millennials may be stuck renting for years.
Britain fetishises home ownership, but the biggest problem is a lack of affordable rental homes and housing policy should be trying to address this.
The lack of supply of affordable homes has a detrimental impact on the mobility of social housing tenants - many languish on transfer lists for more than two years.
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.
While the state of Florida has instigated policies to regulate and cap home insurance rates, and has even created agencies to aid homeowners who can't obtain affordable home insurance, that lack of competition and the inherent risk of insuring a home in Florida mean that you need to utilize every resource at your disposal in order to track down affordable Florida home insurance quotes.
This initiative helps seniors to age at home which is exactly what the majority of seniors prefer but with many seniors still living in the own homes, this program will need to be more fulsome and last longer than two years to offset the impending lack of affordable and accessible housing for this demographic.
By comprehensively addressing the lack of accessible, affordable pet care in underserved communities, Pets for Life helped keep pets in the homes they already have, improving their quality of life and elevating the human - animal bond.
Low cost spay and neuter san diego are routine, affordable surgeries that can prevent thousands of animals from being born, only to suffer and struggle to survive on the streets, be abused by cruel or neglectful people, or be euthanized in animal shelters for lack of a loving home.
While the state of Florida has instigated policies to regulate and cap home insurance rates, and has even created agencies to aid homeowners who can't obtain affordable home insurance, that lack of competition and the inherent risk of insuring a home in Florida mean that you need to utilize every resource at your disposal in order to track down affordable Florida home insurance quotes.
To effectively prevent and treat child abuse, Home Start addresses the conditions that can contribute to risky or abusive situations — poverty, unsafe neighborhoods, lack of affordable housing, and unemployment — while concurrently addressing individual self - sufficiency and emotional needs.
«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.
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.
So, the lack of available and affordable homes for sale will continue to climb as long as technology companies [think Amazon, Microsoft, Facebook, Google, Apple] continue to expand their workforces here.
But while the city grew and prospered, Asheville struggled with two problems shared by many older cities, a deterioration of once - grand historic neighborhoods and a lack of affordable housing for local residents for whom even the $ 127,000 median - priced home was unattainable.
Our analysis shows that the lack of savings by millennials, combined with the extreme shortage in affordable entry - level homes, means that a large share of millennials may be stuck renting for years.
In our Healthiest Housing Markets study, Connecticut was near the bottom, coming in at 37th, mainly due to its lack of affordable housing stock and percentage of homes sold for a loss.
The result has been a lack of smaller homes and affordable rental units available to the baby boomers as they age or young households as they start out.
In some areas, the lack of affordable housing is making it much more difficult for students to continue in their career, much less buy a home after they graduate.
The board voted to support the development by Congress of a private market for flood insurance as an option for home owners who lack access to affordable coverage under the National Flood Insurance Program.
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.
«It's understandable that Americans looking to purchase their first home are intimidated by obstacles such as student debt, lack of a down payment and weak credit, so it's critical that first - time homebuyers have access to information and programs such as down payment assistance and affordable loans so they feel confident in purchasing a home independently.»
The report defined suburb through five categories: «economically challenged,» or one with lacking population growth and lower home values; «stable middle - income,» or one with a range of home values; «established high - end,» or one in proximity to employment and high home values; «greenfield lifestyle,» or one in proximity to the edge of metropolitan areas; and «greenfield value,» or one in proximity to the edge of metropolitan areas but more affordable than greenfield lifestyle areas.
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