Sentences with phrase «of traditional home buyers»

I was reading an article from RSI Media and the Chief Economist for the National Association of Realtors chief economist, Lawrence Yun said, «We'd be seeing greater numbers of traditional home buyers if mortgage credit conditions return to normal.»
ShareI was reading an article from RSI Media and the Chief Economist for the National Association of Realtors chief economist, Lawrence Yun said, «We'd be seeing greater numbers of traditional home buyers if mortgage credit conditions return to normal.»

Not exact matches

«With fewer bargain - priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year,» he said.
The water wonderland at BridgeMill is evidence of the hoops developers are willing to jump through to impress scrutinizing home buyers who've outgrown the traditional swim and tennis clubs, said Joe Padilla, a spokesman for the Greater Atlanta Home Builders Associathome buyers who've outgrown the traditional swim and tennis clubs, said Joe Padilla, a spokesman for the Greater Atlanta Home Builders AssociatHome Builders Association.
As rates on traditional mortgages have risen, a growing number of home buyers are turning to adjustable rate loans in order to save a few dollars.
Additionally, the consideration of non-traditional credit continues to be quite helpful to many first time home buyers who lack a sufficient traditional credit history.
Also, financing a home purchase in the Cayman Islands is difficult if the buyer doesn't live there, so getting a traditional mortgage was out of the question, he says.
Financing this «almost perfect» home with a traditional mortgage would leave the home buyers on their own for any updates, repairs or improvements, but a renovation mortgage builds the cost of the renovations into the total loan amount and one closing!
However, it's important to understand that for some people, subprime lenders have reappeared in recent years extending good options that are worth considering for new home buyers with poor credit or a unique situation that falls outside of the scope of traditional conforming mortgage programs.
Using a traditional loan or cash to finance a home purchase means that the buyer will be relaying on an appraisal as a method of determining the value of the property.
Nancy Allen, president - elect of the Pen - Mar Regional Association of Realtors, says that inventory has risen in Hagerstown, with foreclosures still coming to market and competing with traditional home sellers for limited buyers (more than half of the homes in Hagerstown are rental units).
These sources of real estate finance may serve as venues that provide funding for many home buyers and investors who currently either do not qualify for loans from traditional financing sources or who need to raise additional funds for their purchase.
Seventy - seven percent of Internet buyers bought a home using the services of a salesperson, while only 64 percent of traditional buyers did so.
These mortgages allow consumers to buy more home — either through a traditional 2 percent stretch, which adds energy savings to income to qualify buyers for 2 percent more debt, or through flexible loan - to - value ratios of up to 100 percent of home value.
«With fewer bargain - priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year.»
Obviously some of these newly structured standards are for the betterment of the industry, and our overall economy, but at the same time, home buyers across the country are realizing quickly that reputable credit and stable income aren't always enough in qualifying for a loan through a traditional bank.
While a balance of various types of traditional and new marketing methods is ideal, agents who spend time developing a solid social media strategy can build top - of - mind awareness for buyers when they start their home search online.
In addition to viewing homes listed under the traditional eBay selling fonnat, home and property buyers can also browse through properties, with the option of contacting the seller and / or listing agent directly if interested in a particular property.
For the fourth quarter of 2006, the U.S. Census Bureau reported that home ownership rates among multicultural home buyers continued to climb but still lagged behind those of traditional white non-Hispanics.
Through your in - house lender, you can easily provide home buyers information on the range of loan options available, including fixed - rate loans and traditional ARMs, government - backed products like FHA loans, and safe nonconventional subprime loans.
While this is wonderful news for sellers, buyers are often feeling so much pressure to make the deal or lose the home that they're forgoing the traditional contingency of the home inspection.
Our staged homes have contemporary appeal with just enough traditional and luxury elements to attract a larger amount of buyers.
Depending on need, she can help prospective buyers locate both traditional and hard - to - find types of homes and properties.
Formerly, buyers would search for homes using traditional venues of newspapers and magazines.
In addition to traditional analysis of stated metrics, MaxDiff analyses were also completed among the Past - Year Buyer and Past - Year Renter populations to understand preferences and trade - offs when deciding on a home to buy or rent, respectively.
Traditional buyers want a home to be immaculate when they move in, meaning hours or even days of cleaning, polishing and scrubbing a house you won't even live in.
Everything useable — but not necessarily visible: Given a choice, Millennial home buyers want new home features that focus on great use of space, including cabinets that go all the way to the ceiling, single large farmhouse sinks in lieu of the traditional double sink, hidden outlets and charging stations, under - cabinet lighting, and floor - level lighting that comes on when triggered by motion detectors in hallways, stairwells, bathrooms, and other spaces where a little light goes a long way.
Home buyers in the District face a complex system of traditional public schools, public charter schools and magnet schools with a range of quality from low performing to high performing schools found in every ward.
When Millennials do become homeowners, they leapfrog the traditional «starter home» and jump into the higher end of the market by choosing larger properties with higher prices, similar to homes bought by older buyers.
The alleged lack of modular home durability undoubtedly causes some prospective home buyers to choose traditional «stick - built» homes instead.
That leaves a lot of home owners in our area without a good option to sell the house because 95 % of the buyer pool has to get a traditional loan to buy a house.
Seamlessly blending the traditional look of a center hall colonial with the convenience of an integral garage, the Portland offers comfort, style, and convenience to today's home buyer.
Most of the homes in the neighborhood are traditional, especially colonials, which is what many Franklin Lakes buyers want.
Even taking into account the higher level of housing market activity of younger Canadians, the number of sales involving both late - stage «move up» buyers and «downsizers» could dominate those of more traditional home buyers.
Our agents are proud of their dedication to home buyers and our unparalleled business model, which avoids conflicts of interest common in traditional, seller - focused real estate brokerages.
HomeReady was created in response to the changing demographics of today's diverse home buyer population, Millennials trying to enter the housing market, and a growing elderly population that traditional lenders are not supporting.
The percentage of home buyers who could afford to purchase a median - priced, existing single - family home in California dropped to 32 percent in the third quarter of 2013, down from 36 percent in first - quarter 2013 and from 49 percent in third - quarter 2012, according to C.A.R.'s Traditional Housing Affordability Index (HAI).
I believe that home owners are tired of the traditional sale because it is mentally exhausting and the seller and the buyer usually walk away pissed after the transaction.
«In a traditional sale, there's a built - in contingency that protects home buyers,» says Michael Corbett, Trulia's real estate expert and the author of «Before You Buy.
The Federal Housing Administration (FHA) has a solid and successful track record of expanding home ownership to qualified buyers who may not have the hefty downpayments and credit scores required for traditional financing.
Thanks to the popularity of home renovation TV shows, such as DIY Network's «Yard Crashers,» HGTV's «Flip or Flop» and PBS's «This Old House,» buyers now envision everything from a traditional ground - level patio to an elevated deck to a backyard kitchen area.
Three years, three real estate agents (including megabroker Chris Cortazzo of Coldwell Banker Previews International) and several huge price cuts later, the home has failed to find a buyer the traditional way.
When they can find buyers for their homes, some retirees seem willing to eschew traditional retirement homes for a taste of the urban lifestyle.
You can do this by using Leadpipes and our tested and proven Websites to continuously build your list of buyers, which will include cash buyers and other investors as well as traditional home buyers.
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