Sentences with phrase «newly built homes»

«On top of this, our Help to Buy scheme enables people to buy newly built homes with just a fraction of the deposit they would normally require.»
In September, interest rates on conventional mortgages used to purchase newly built homes increased for the fourth month in a row, according to data released today by the Federal Housing Finance Agency (FHFA).
Meanwhile, the average size of the conventional mortgages used to purchase newly built homes increased from $ 322,600 to $ 325,800 in April, while the average price of the new homes purchased with the loans went from $ 427,200 to $ 434,500.
The FHFA release also includes data on loan size and house prices, and the averages on both for newly built homes declined in September.
The BC New Housing Rebate threshold will increase to $ 850,000 from $ 525,000, so that more than 90 % of newly built homes will now be eligible for a provincial HST rebate effective April 1, 2012.
Homebuyer's ages 34 and younger are searching for newly built homes that are already loaded with green efficiency amenities.
Green elements are increasingly used in newly built homes and are topping the list of those remodeling their existing home.
More people applied for mortgages to purchase newly built homes in July than they did a year ago, according to data from a recent industry survey.
Very low inventory of newly built homes also will help to support home values.»
For newly built homes where construction begins before April 1, 2013, but ownership and possession occur after, purchasers will not pay the 7 % provincial portion of the HST.
«The root cause of the low inventory is the lack of newly built homes,» the report stated.
Evidently, according to a recent article we were reading, sales of newly built homes as well as home prices in general saw some great increases during the month of April, further demonstrating that the housing market continues to improve.
The neighborhood contains approximately 50 homes, many constructed in the 1950's and 1960's along with newly built homes for an eclectic mix of styles, ages and prices of homes.
Sales of newly built homes were up 8.3 % over May, reaching an annualized pace of 497,000, the highest rate in five years.
If you're considering buying a home soon and your tastes are rather specific, it might be a good idea to consider looking at newly built homes.
The number of building permits issued for single - family homes is the best indicator of how many newly built homes will rise over the next few months.
Prices of newly built homes are expected to increase in the coming year for multiple reasons.
They are now the best potential markets for the sale of newly built homes.
But that's a voluntary system and it has been slow to expand, used on only 2,634 newly built homes here, Jacob says.
Newly built homes are more likely to meet this consumer need.
Evidently, according to a recent article we were reading, sales of newly built homes as well as home prices in general saw some great increases during the month of April, further -LSB-...]
Previous analysis illustrated how monthly increases of rates on purchases of newly built homes in excess of two basis points, considered large in historical terms, were associated with, on average, a decline in sales of new homes over the same month.
However, information provided by Freddie Mac suggests that rates on purchases of newly built homes may eclipse their February 2017 level.
Contract mortgage rates released by Freddie Mac, which covers all originations that it purchases, track the rates on purchases of newly built homes reported by the FHFA closely.
In newly built homes, the «green» features can also encompass land planning techniques that preserve the natural environment, site development that reduces erosion and protects trees, indoor and outdoor water conservation, use of recyclable and renewable materials, waste reduction, rescue, and recycling during construction and throughout the life of the home.
GST / HST New housing rebate program: Newly built homes are subject to five per cent GST / HST but there are some circumstances when you may be eligible to claim a rebate for a part of the GST / HST you pay on the purchase price or cost of building your home.
The renewal of the Ontario's new home warranty program will take some time to implement, so in the interim, your clients who bought newly built homes should continue to submit warranty claims.
This means that your clients who bought newly built homes should continue to submit warranty claims by following the current processes — new and ongoing warranty claims will continue to be resolved.
Over 40,000 newly built homes will be required to meet the demand in these northern cities according to industry experts JLL, but this figure is unlikely to be met.
RISMEDIA, June 1, 2010 — Newly built homes, often in recently - developed communities, are regaining popularity and are more affordable than in years past.
A large chunk of our business at Better Homes and Gardens Real Estate 43 ° North is based on newly built homes, so this is a subject near and dear to my heart... and why I believe it's important to address some of the misperceptions out there, such as thinking it's an unscrupulous business or that it's too expensive, and share some ways to get clients over their apprehensions over buying new.
Newly built homes would be completely carbon neutral.
Construction loans are back by lenders who provide funding for newly built homes.
Even in newly built homes issues can be found.
At the same time, the rental prices dropped for the newly built homes near the coast, drawing in poorer residents.
Previous analysis illustrated how monthly increases of rates on purchases of newly built homes in excess of two basis points, considered large in historical terms, were associated with, on average, a decline in sales of new homes over the same month.
Newly built homes were a median of $ 619,500 with 365 sales, down from a peak of $ 792,250.
Contract mortgage rates released by Freddie Mac, which covers all originations that it purchases, track the rates on purchases of newly built homes reported by the FHFA closely.
However, information provided by Freddie Mac suggests that rates on purchases of newly built homes may eclipse their February 2017 level.
The Federal Housing Finance Agency reported that mortgage contract rates on purchases of newly built homes rose by 11 basis points over the month of February to 4.14 percent, near its last peak level of 4.18 percent established one year ago in February 2017.
After falling to 3.93 percent following its February 2017 peak of 4.18 percent, rates on purchases of newly built homes have risen 12 basis points over two months to 4.05 percent.
«Home building rates matter because newly built homes are a source of new home inventory as well as construction jobs,» Trulia reported.
The FHFA reported that mortgage contract rates on purchases of newly built homes rose 19 basis points to 4.33 percent.
-LRB-...) Prices of newly built homes in 66 of 70 large and medium - size cities rose in February from January, data released Monday by the National Bureau of Statistics showed.
«The root cause of the low inventory is the lack of newly built homes,» the report stated.
Sales of existing and newly built homes had slowed during the summer but then turned dramatically higher in October and November, surprising the experts who continue to point to the low supply of homes for sale as a drag on the market.
Newly built homes are also more expensive than comparable existing homes, so higher mortgage rates may make them less attractive, especially to buyers on the margins or those who have more trouble qualifying for a mortgage.
Newly built homes are more expensive than they've ever been before.
The supply of existing homes is very low, but the supply of newly built homes is rising.
The supply of existing homes for sale is near a record low, but the supply of newly built homes for sale just jumped dramatically, returning to its 30 - year average.
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