Sentences with phrase «of housing recovery»

«If we start to wind down the GSEs too quickly, that's going to kill off any chance of a housing recovery,» said David Min, a UC - Irvine law professor who studies housing policy.

«This recent rise in HELOC originations indicates that an increasing number of homeowners are gaining confidence in the strength of the housing recovery and, more importantly, have regained much of their home equity lost during the housing crisis,» said Daren Blomquist.

Energy - producing states — North Dakota, Texas, Louisiana, Montana and Wyoming — where job growth is strong, are also at the forefront of the housing recovery while Iowa and other farm belt states supported by agricultural commodities are also running above the nationwide average.

«It's encouraging to see interest from the first - time home buyers, who have been cautious for much of the housing recovery,» says Scott Haymore, head of pricing and secondary markets at TD Bank.

While the stronger signals of an imminent market bottom and turn are encouraging, the expected pace of housing recovery over the coming three years is significantly weaker now than it was two years ago.

Multiple offers are the Holy Grail of the housing recovery, but it takes skill and a dash of diplomacy to sort through all the possibilities.

«The shifting of some markets off the IMI in June underscores the fragile nature of the housing recovery as well as the fact that many locations that previously made the list had recorded only marginal house price gains, which were easily wiped out by small downward changes,» notes NAHB Chief Economist David Crowe.

In one of the strongest signs of a housing recovery, the number of home equity loans issued in Metropolitan Orlando increased by 59 percent during the 12 months that ended in June, a study released today shows.

The IMI currently includes about 75 % of metro areas in the nation, reflecting the broad - based nature of the housing recovery.

Double - digit price gains out of the housing recovery gate were never sustainable.

Institutional investors purchased thousands of properties during the onset of the housing recovery, helping to propel the market in many areas across the country.

Overall, these are good signs to start off 2015 and are consistent with our expectation that strengthening employment and economic activity will boost the speed of the housing recovery.»

This will support phase two of the housing recovery, as more of the middle class can qualify for home loans.

«We're on the other side of the housing recovery, and the real estate market looks quite different than it did 15 or even five years ago,» says Dr. Svenja Gudell, chief economist at Zillow.

The New York City Mayor's Office of Housing Recovery reported yesterday that the city has exceeded it's goal of reimbursing homeowners and starting new home construction projects by Labor Day, in response to the Sandy super storm from nearly 2 years ago.

The lack of first - time buyers is exacerbating concerns that younger people are being left out of the housing recovery.

Changes in these areas could affect the course of the housing recovery, the availability of credit to borrowers and the extent to which lenders are willing to take on new risk.

The upcoming holiday season brought minimal changes for mortgage interest rates despite statistical signs of a housing recovery.

The study declared one of the «biggest drags» on the housing market was high joblessness, and «the strength and sustainability of the housing recovery will depend most on the bounceback in employment growth.

«This slowdown continues to be largely the result of massive delays in processing foreclosures, rather than the result of a housing recovery that is lifting people out of foreclosure,» notes RealtyTrac CEO James Saccacio in a statement.

«From its inception to now, the proposed text amendment tells the story of Build it Back's dramatic progress under Mayor de Blasio's leadership: the idea for the amendment came out of a community - level meetings in Queens, it was produced with collaboration across agencies, and it is being passed to help homeowners who were stuck because of burdensome regulations so that they can begin rebuilding their homes and making their neighborhoods more resilient,» said AMY PETERSON, Director of the Mayor's Office of Housing Recovery.

«It was very clear early on that SBA loans alone would not be enough to get families back on their feet, and families needed more support,» Matt Viggiano, press secretary for the Mayor's Office of Housing Recovery Operations, said.

As part of a push complete the delayed Build it Back program by the end of the year, Borough President James Oddo and Amy Peterson, director fo the Mayor's Office of Housing Recovery, called on landlords to offer apartments to Sandy victims, with the city picking up the rent.

The jobs fair was the product of a July promise by Amy Peterson, Director of the Office of Housing Recovery.

Council Member Eric Ulrich harshly condemned the City's Build It Back program Monday, calling for the resignation of Amy Peterson, the Director of the Mayor's Office of Housing Recovery Operations who oversees Build It Back.

de Blasio was joined at the Arverne YMCA by Queens Borough President Melinda Katz, NYS Senator James Sanders, Council Member Donovan Richards, NYC Director of Resiliency Dan Zarelli, Director of the office of Housing Recovery Amy Peterson and Parks Commissioner Mitch Silver.

John Grathwol, deputy director of budget resources, workforce and accounting at the Mayor's Office of Management and Budget and Amy Peterson, director of the Mayor's Office of Housing Recovery, testified before the committee.

Shortly before last night's presidential debate, the Mayor's Office of Housing Recovery Operations released a progress report in which it says that 7,173 applicants — or 84 percent — have seen a check or construction and that by the end of the year, more than 90 percent of program participants will have received checks or commenced construction.

The Mayor's Office of Housing Recovery Operations (HRO) was also on hand to discuss how Superstorm Sandy recovery efforts under the Build It Back program would be impacted by the Street Raising project.

Over 60 percent of Queens homeowners in the Build it Back program have been served thus far, according to the Mayor's Office of Housing Recovery Operations (HRO), with construction completed on hundreds of more homes in the past year.

But despite this progress, Staten Islanders continue to be frustrated by the overall pace of housing recovery since the storm.

Although the program continued to drift in the early months of the de Blasio administration, it has markedly accelerated its efforts since the late March hiring of Amy Peterson as Director of the Office of Housing Recovery.

Government officials participating included Amy Peterson, Director of the Office of Housing Recovery, Public Advocate Tish James, Commissioner of Immigrant Affairs Nisha Agarwal and Council Members Donovan Richards, Mark Treyger and Carlos Menchaca.

Consumer confidence is a key component of the housing recovery, and while rising home prices have helped, more uncertainty in the economy can only hurt.

The market for apartments and condos: So far, the main engine of the housing recovery has been the so - called multi-family sector, apartment complexes and condo buildings usually owned by investors and inhabited by renters.

Not exact matches

A lot of U.S. housing stocks have skyrocketed as the American recovery has taken hold, but there are still some companies in this sector that will continue to climb.

Explanations range from the possibility a robust recovery is still on the way, to the jeremiad of former White House budget director David Stockman that money - printing is setting us up for a monstrous new crash.

After a slow and steady recovery following the housing crisis of 2008, Leibowitz explains that American consumers generally had fewer problems with their mortgages, better employment prospects, and greater access to credit, which made them less likely to file.

If, in contrast, the Fed were to raise rates now, before the economic recovery is fully entrenched, house prices might resume declines, the values of businesses large and small would drop, and, critically, unemployment would likely start to rise again.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

A series of positive signs from the economy — from healthy retail sales to a housing recovery that seems to be gaining traction — and a surprisingly strong February jobs report didn't convince the Fed it was time to rein - in the monetary stimulus.

The worst could soon be over for Perth's troubled housing market, with new data hinting at a bottoming of the downturn while warning that any recovery will likely be slow.

Housing is only early stages of recovery.

Detroit has long been one of the worst housing markets in the United States, but it does appear to be in slow recovery.

«All I can tell you Jim is that we continue to execute very well on the components side of the house, and we have had a recovery story with our computer business in Europe that now has two or three quarters of sustained momentum behind it.

Four years into the recovery, the U.S. economy has finally gained some momentum — and just in time to give Canada a nudge forward when all domestic engines of growth, from consumer demand to the housing market, had burned out.

Under the leadership of Stuart Miller, the executive team at Lennar has worked hand in hand to navigate the housing collapse and the subsequent recovery.

CNBC has been ranking the states since 2007, chronicling their competitiveness from the peak of the housing boom through the Great Recession and now into the recovery.

Facing a squad of U.S. senators firing question upon question Nov. 14, Janet Yellen might have been surprised that no one asked her the obvious one: Can the Federal Reserve taper its $ 85 - billion - a-month asset purchase program without compromising the housing recovery?

-- Evan Haines, Co-Founder of Alo House Recovery Centers