Sentences with phrase «more affordable housing market»

In the housing plank of their platform, the BC Greens have taken both a supply and demand side approach to creating a more affordable housing market.

In California, the maximum loan size ranges from $ 275,665 in the more affordable housing markets, up to $ 636,150 in pricier markets like San Francisco and Los Angeles.

Meanwhile, current homeowners, older consumers, and those living in more affordable housing markets in the Midwest and Southern regions express the most optimism about buying.

Orlando remains one of the nation's more affordable housing markets, but the pinch of rising home prices on incomes is evident in a new study released Thursday.

Not exact matches

Increasing short - term corporate rentals that go for above - market rent could make affordable permanent rental options in a pressurized housing market such as San Francisco's even more scarce.

Prop F is the work of affordable - housing advocates who believe Airbnb is taking desperately needed housing inventory off the market by making it more profitable to host tourists and business travelers than to offer it for residential lease.

High - rent markets from San Francisco to Boston are grappling with creating more affordable housing for teachers.

Some markets offer much more affordable housing while others are extremely expensive.

Announced in the 2018 Provincial Budget by B.C. Finance Minister Carole James, this latest effort by the B.C. government to create more affordable, fairer housing market, and enable domestic homebuyers get onto the property ladder in Canada.2, 3, 4

«The building of more affordable housing projects in some markets could enable more first - timers to purchase,» says Dorris.

Inland Empire housing markets are generally more affordable than their coastal counterparts, and for several reasons.

«Christy Clark has now called our housing market a «bubble» and finally admits there's a real affordability crisis for people and families, but her actions have done nothing to make the rental or purchase of a home more affordable,» Horgan said.

«Christy Clark let the market spiral out of control, and now she's trying to look like she's doing something — but her foreign buyers» tax won't make housing more affordable for people here in Kamloops,» said Horgan.

For instance, In cities with super competitive housing markets, such as San Francisco, the average closing cost for borrowers is $ 10,798, while more affordable areas such as Milwaukee may see closing costs as low as $ 1,863 on a $ 200,000 mortgage.

Lennar's first quarter was a solid start to 2018, but it remains to be seen if the combined company will be able to deliver more affordable housing product into the market.

Sanders also called on local governments to «demand more» from developers who receive government subsidies, saying affordable housing units should not return to market value rents after 10 to 20 years as is often done.

MPs have urged the government to work with local authorities to deliver affordable rental properties and says that local housing benefit levels should be reviewed to more closely reflect market rents.

Separately, on de Blasio's citywide zoning changes before the council to mandate below - market - rate housing, she said that she «definitely» expects to see tweaks, such as units that are more affordable to those with lower incomes.

«The plan put forward by Mayor de Blasio will result in the creation of much more affordable and market rate, multi-family rental housing in New York City,» Steven Spinola, president of the Real Estate Board of New York, said in a statement.

By Sean Ryan A fickle affordable - housing market is telling developers to find the right location or the tax credits that pay for projects will be worth little more than the paper they're printed on.

Council Speaker Melissa Mark - Viverito announced a new compromise with Mayor Bill de Blasio that will allow his sweeping plans to create affordable housing across the city to go forward — but with even more requirements for developers to build below - market apartments.

The funding, received through New York State's Regional Economic Development Council (REDC) Initiative, will assist the City in transforming contaminated and inaccessible land into a vibrant mixed - use waterfront community featuring more than 5 acres of open space, market rate and affordable rental housing, and retail.

Ms. Olatoye's proposed program would use open space at the developments to construct 13,500 below - market - rate apartments — contributing to the mayor's ambitious affordable housing agenda — and 3,500 units for more upscale tenants.

Insignia is Best Buy's in - house brand for making more affordable products (Insignia has cheap TVs and Blu - Ray players too) so it's looking like Best Buy wants to cover the low end market.

The Federal Housing Finance Agency created the Home Affordable Refinance Program (HARP) to assist homeowners who are current on their mortgage payments but owe more on the loan than the current market value.

NDP: Introduce a green home energy program to help retrofit at least 50,000 homes and apartment buildings making them more efficient and lowering energy bills; create 365,000 affordable housing units across Canada; mandate the Canada Mortgage and Housing Corporation to provide grants and loans to construct at least 10,000 affordable and market rental units, with any revenues to be reinvested back into rental housing suhousing units across Canada; mandate the Canada Mortgage and Housing Corporation to provide grants and loans to construct at least 10,000 affordable and market rental units, with any revenues to be reinvested back into rental housing suHousing Corporation to provide grants and loans to construct at least 10,000 affordable and market rental units, with any revenues to be reinvested back into rental housing suhousing supports.

Liberals: Start a new, 10 - year investment in social housing infrastructure, prioritizing affordable housing and seniors» facilities (including building more units and refurbishing existing units); encourage the construction of new rental housing by removing all GST on new capital investments in affordable rental housing; loosening the existing qualification rules for the Home Buyers» Plan to allow more Canadians affected by sudden and significant life changes to access their RRSP savings for a down payment; review escalating home prices in high - priced markets, including Toronto and Vancouver, and review all policy tools that could keep homeownership within reach for more Canadians.

The Sunshine State claims 10 of the nation's 16 riskiest housing markets — markets where prices are outpacing incomes and rents are more affordable than mortgages.

Some markets offer much more affordable housing while others are extremely expensive.

Relatively low mortgage rates and more affordable home prices in some housing markets are creating renewed interest in homeownership, especially among young renters who are tired of seeing their rent costs rise every year.

This is in contrast to provincial government policies that are trying to make housing more affordable — such as in British Columbia which has launched a down payment program to help new home buyers enter the market.

Demographia says housing markets are affordable when median prices are no more than three times higher than median household income.

Falling interest rates, on the other hand, could stimulate the housing market and increase residential construction by making it more affordable for people to buy houses.

The report found that «making monthly house payments on a median - priced home — including mortgage, property taxes and insurance — is more affordable than the fair market rent on a three - bedroom property in 354 of the 540 counties analyzed in the report (66 percent).»

Soaring prices for detached homes in Metro Vancouver has pushed many first - time buyers into the condo and townhouse market, which has become a more affordable housing solution for such buyers.

With mortgage rates still so low, buying a home now may be more affordable than waiting until the housing market recovers more.

Given the federal government's regulatory actions to slow the housing market, higher mortgage rates driven by US rate hikes is likely to be a welcome development in Ottawa, even though it certainly does not make housing more affordable.

Now, one market sector is getting a boost to make the investment more palatable: affordable housing.

C Life is the connected bulb that is ideal to place anywhere in the house, that is a more affordable option on the market that still provides optimal illumination, that retails for under $ 15.

«Legislators think rent control will allow for more affordable housing for vulnerable citizens, but it actually creates a black market,» she said.

«While this growth is encouraging, it's important for house hunters to keep in mind that builders have been focusing on the more pricey part of the market; affordable options are still in short supply.

«Improving access to affordable mortgage financing for qualified home buyers and investors and aggressively pursuing more loan modifications and short sales is necessary to help reenergize the housing market and spur an economic recovery.»

The most affordable housing market in the country is the Youngstown - Warren - Boardman, Ohio major metropolitan area, where more than 92 percent of all homes sold in the first quarter of 2017 were affordable to those earning the area's median income, according to the recently released National Association of Home Builders (NAHB) / Wells Fargo Housing Opportunity Indexhousing market in the country is the Youngstown - Warren - Boardman, Ohio major metropolitan area, where more than 92 percent of all homes sold in the first quarter of 2017 were affordable to those earning the area's median income, according to the recently released National Association of Home Builders (NAHB) / Wells Fargo Housing Opportunity IndexHousing Opportunity Index (HOI).

In the top 25 densest markets, more than half see the lack of affordable housing as a big problem, an increase of 11 percentage points from the 2015 National Housing Pulse housing as a big problem, an increase of 11 percentage points from the 2015 National Housing Pulse Housing Pulse Survey.

The mix and degree of these potential risks, such as diminished affordable housing stock, more congested roadways, and greater income inequality, vary considerably across the 20 markets.»

We have also been working hard to get the message out to consumers that now is a great time to buy a house as the market is more affordable than it has been in years.

Today's affordable rental housing crisis requires that we take a more business - like approach on how the public sector can reduce the regulatory barriers so the private markets can produce more housing for more families.»

«As the leading edge of Millennials push into their 30s and form families, they are looking for more affordable housing and are going to the suburbs, causing companies to shift to those areas and smaller markets like Portland,» he adds, noting that the most popular markets have good mass transit and lots of retail amenities.

The majority of housing markets remain affordable to the average family, but rising mortgage rates and rising housing prices are causing more families to have to stretch financially, according to the mortgage giant.

Last week, housing - data giant RealtyTrac ® released an analysis of fair market rents and median home prices in more than 500 U.S. counties, which shows that buying is still more affordable than renting in the majority of U.S. housing markets.