As renters» costs keep going up, I expect the allure of fixed mortgage payments and
a more stable housing market will entice many more otherwise content renters into the housing market.»
«The more homebuyers know about the process and the tools available to them, the more likely they'll take advantage of the buyers market and
the more stable the housing market will become.»
Not exact matches
Local
housing markets across the country are stabilizing at a rapid rate, with
more cities entering their
stable ranges every month.
The brightest real estate gems are hiding in the mid-sized towns across Canada, where relatively low
house prices combined with surging local economies make for a
more predictable and
stable market.
Tal adds that this makes the Canadian
housing market much
more stable than previously thought, if interest rates were to rise.
Now the
housing market is
more stable, very strict laws are in place to require lenders to prove a borrower's ability to repay, and many low down payment mortgage options are again available for borrowers.
Housing inventory and month's supply, or time - on
market, are
stable or modestly increasing; sellers may be
more motivated to negotiate terms.
Since the financial and
housing crisis that gripped the world in the middle of the last decade, governments across the world have tightened regulations in an effort to reign in lending, and make the
market more stable.
Toronto and Vancouver continued their hot streak even as Alberta and Saskatchewan cities watched their
housing sales slide; still, the rest of the nation's
housing markets started to balance out — moving closer and closer to a
more stable, reasonable
market.
In this situation, a unilateral release of the guarantor might not be a great concern to the bank if the loan has already been paid for a while, because the
house will have much
more equity in it, and the loan will have a much smaller balance, after a few years, particularly if the
market value of the
house is also
stable or increasing.
Realize, though, that while investing in single - family rental
houses is
more stable than the stock
market, rentals are not exactly liquid assets.
She said that while there is a slowdown as Greater Calgary transitions to a
more stable and balanced
housing market, the window of opportunity couldn't be better for buyers.