Downward pressure
on home prices tends to happen when the ratio dips below 12 per cent for a sustained period, while upward pressure tends to occur when it falls above 20 per cent for several months.
Not exact matches
However, absent restrictions
on housing supply, competition among developers
tends to maintain average metropolitan
home prices tethered to the cost of construction.
If the cost of a
home inspection sounds too good to be true, it probably is — new inspectors and franchise operators
tend to compete based
on price.
The town of San Pedro
on Ambergris Caye is
home to hotels in all
price ranges, and as these things often happen, the more expensive ones with their own modern websites
tend to be easier to find out about than the cheap places that rely
on walk - ups and word - of - mouth.
Conversely,
homes on the market for short periods of time
tend to command higher
prices.
According to Sian, borrowers
tend to fixate
on the
home's purchase
price, and secondarily, the loan's interest rate.
Over the second half of the year, as more listings come
on the market,
home price appreciation
tends to flatten out.
On the other hand, vacant homes act as excess supply, which tends to put downward pressure on prices, all else equal.&raqu
On the other hand, vacant
homes act as excess supply, which
tends to put downward pressure
on prices, all else equal.&raqu
on prices, all else equal.»
Because they rely so heavily
on the Internet to research the market, today's first - time
home buyers
tend to be very informed
on housing styles,
prices, loan programs, and neighborhoods.
Just over a third of REALTORS ® (34 percent) utilize staging
on all
homes, while 13 percent
tend to stage only those
homes difficult to sell, and another 4 percent will do so only for higher
priced homes.
This equilibrium is supporting sustained
price growth, and
homes that are correctly
priced tend to sell quickly, while those that aren't often languish
on the market.»
If the cost of a
home inspection sounds too good to be true, it probably is — new inspectors and franchise operators
tend to compete based
on price.
Sellers who closed above listing
price tended to be people who spent less time deliberating (2.4 weeks less than average) about whether or when to put a
home on the market.
Note that actual
home values will vary based
on factors such as proximity to commercial centers, access to transit and
home size — rentals
tend to be smaller (and therefore less expensive) than for - sale properties, so these values may overestimate true market
prices.