Sentences with phrase «pay higher housing prices»

Families are generally willing to pay higher housing prices or higher taxes for these coveted «free» schools.

Not exact matches

However, when house prices began to decline, lenders were unwilling to refinance, and as a consequence, borrowers were often unable to pay the higher interest rates, which prompted defaults.

But if the price of their house went down by 10 per cent, they would just keep paying their mortgage and some day it would be higher again.

No matter which city is chosen, the influx of 50,000 high - paid Amazon workers and 66,250 supplementary workers over a ten - year period will put pressure on local housing markets, driving up rent and home prices.

Nonetheless, Canadians trying to imagine how a broad economic downturn could play out should pay attention to what's happening on the Prairies, where high house prices, soaring personal debt levels and an unexpected wave of job losses proved to be a toxic mix.

He plugged his proposal to add a surcharge — known as the mansion tax — to the purchase of high - priced homes to pay for housing for seniors.

When she reaches adulthood and is played by Zhang Ziyi, a geisha from another house, Mameha (Yeoh), buys Sayuri and teaches her to be the greatest geisha of all time, commanding the highest price ever paid for her virginity.

Home prices are higher versus other cities in the metro area, but so is the median income and residents still only spend around 22 % of their pay for housing on average.

If your house appraisal comes in higher than the price you're paying for the home, then you benefit immediately because you'll have more home equity in the property than you thought.

When housing prices tank, everybody loses; the banks are exposed to higher risk of mortgage defaults, insurers start having to pay out more for «gas leaks» claiming over-leveraged homes, realtors starve because their commissions go down (even as foreclosures put more homes on the market) and people faced with financial uncertainty will stay put in their current homes instead of moving elsewhere.

On the other hand, we're definitely paying a premium to live in this city in terms of high housing prices — a fact that may become more important to my own family as we gaze off into the distance at retirement.

If it's a seller's market and there are many potential buyers lined up willing to pay a high price, asking the seller to pay for some of the closing costs could lose you the house.

Sometimes, in a down housing market, the owner may have difficulty getting a high enough price to pay off what they owe.

For high - ratio financing, both Canada Mortgage and Housing Corporation and GE Capital, insured mortgages are available to cover the purchase price of a home as well as an amount to pay for immediate major renovations or improvements that the purchaser may wish to make to the property.

Commitment to the loan generally comes after the bank has had the house in question appraised to make sure the price you're paying isn't higher than the home's market value.

If the seller balks at this idea, and you absolutely love the house, you can consider paying the difference between the purchase price and the appraised value in cash, through a higher down payment.

This growth in home prices being fueled by people willing to pay higher monthly payments for houses because homes were too low.

On the guy who paid his $ 114K student loan in cash, Toronto's hot housing market, record high gas prices in Vancouver and the top four online investing myths.

San Diego is finally catching up to other high - priced housing markets in California, giving homeowners a chance to use home equity loans in San Diego to renovate or pay off debt.

Another issue is that we noticed that on the website the price for that house had been reduced... and since we had booked a few months ago, we paid a higher price.

And high gasoline prices affect the lower - paid as well as housing costs which force them to live far away from where they work.

The cost is so high that, usually, we do it in partnership with our spouse or other loved one and, for all but a very few, housing prices today require two working incomes to pay the mortgage and all the other bills.

The poorly paid teacher or bank teller next door may resent the high price you got for your house, and that you spent a boatload on an in ground pool last year, along with having bought a new high - end car or a boat (using the equity in your home).

The average purchase price is currently very high, making investing more difficult — even though demand for rental housing is strong and the rents that tenants are willing to pay are rising.

As the luxury market continues to trend internationally, with foreign clients paying nearly twice as much for a home when compared to the overall U.S. average house price — according to the National Association of REALTORS ® 2015 Profile of Home Buying Activity of International Clients — it's a logical move for a company focused on high - end properties to seek regional and international exposure.

«Low interest rates and strong labor markets with high - paying jobs have allowed homebuyers in some of the country's priciest housing markets to bid well over asking price,» Terrazas says.

They know that you get paid more if you sell them a higher - priced house.

Part of the sales pitch most realtors will use when trying to sell a client on Home Partners is that they have the option to purchase the house they are renting for 5 % above what Home Partners pays for it... But, by the time you account for their above market rents, a sizable initial repair budget (that the tenant / buyer has no control over what Home Partners decides to spend), maintenance and repairs while renting (yes, the tenant will have normal repairs and maintenance costs during their lease added to their purchase price), closing costs, and the company's 5 % fee - you should expect a right to purchase price that is more like 10 - 15 % higher than the original purchase price.

A: You are paying a higher price for the house from which the seller gives to both agents.

There is also the advantage of living a short commute to two nearby beach communities without paying the higher priced housing.

Some in San Jose oppose the Google deal, or argue it should include much more housing, because of concerns that bringing in that many high - paying jobs will just drive real estate prices higher.

Most agents totally underestimate how a well staged house influences buyers (they pay more), buyers agents (who show more and with more enthusiasm), and, very important, appraisers (who approve higher selling prices).

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Home buyers particularly in high - priced markets, such as San Francisco and Los Angeles, who are already paying large portions of their incomes to housing could face a further chip in affordability, economists say.

Being that it has been on the market that long it just goes to show buyers still look at the comps and they won't pay prices that are disconnected from the market just because a house has a ridiculously high rental income.

Population growth of these inner city neighborhoods are increasing at a tremendous rate with young professionals willing to pay high rents and empty nest couples willing to pay high prices to purchase and restore these «close in» houses.

In 1978, she made history by selling a house for more than double the highest price ever paid for a residence in Los Angeles.

Buyers will pay a higher price for a home because the market demands it, but they will not do so if the house is in poor condition.

«In the summer, there are many houses for sale, people find their «ideal house» quickly, and they are willing to pay a higher price,» says Silvana Tenreyro, economic professor and real estate expert.

«In higher - tax states, you don't see home prices rising as quickly during an up cycle in the housing market because people have to pay (through taxes) for those higher values, so those markets are a little more protected from wild swings.

The housing recovery is benefitting from tighter inventories and eager buyers willing to pay higher prices to make a purchase — especially in these high - end markets.