Sentences with phrase «percent declines in home values»

In February 2010, states with 20 percent declines in home values and unstable unemployment rates received funding from the Department of Treasury.

Not exact matches

But as of 2010, the mean and median net worth of Americans was still down 50 percent from the precrisis peak, mainly because of the decline in home values, according to Edward Wolff, an economics professor at New York University.

Suffolk County Executive Steve Bellone said home prices in his county could decline by 20 percent, and that could have a ripple effect on housing values throughout the state.

In Nevada, the worst economy since the 1930s produced a May unemployment rate of 14 percent, surpassing the 9.5 percent U.S. rate, and falling home values led to a 12 percent revenue decline of $ 95 billion between September 2008 and year - end 2009, according to the U.S. Census Bureau.

The county executive pointed to a study by E.J. McMahon, founder and research director for the conservative Empire Center for Public Policy, who has said housing values in the state could decline by up to 20 percent if fewer people are unable to afford more expensive homes and instead put money toward taxes.

Suffolk County Executive Steve Bellone says home prices in his county could decline by 20 percent, and that could have a ripple effect on housing values throughout the state.

Before, a second appraisal was only required if the home was located in a declining market, the loan was above $ 417,000, and exceeded a 95 percent loan to value ratio.

Previously, it was about 64 percent of the home's value, and it will now be 58 percent, a decline in lending ratios of about 10 percent.

«Year - over-year home values in the United States declined for the 11th consecutive quarter, falling 6.9 percent to a Zillow Home Value Index of $ 190,400,» says the comphome values in the United States declined for the 11th consecutive quarter, falling 6.9 percent to a Zillow Home Value Index of $ 190,400,» says the compHome Value Index of $ 190,400,» says the company.

Loss severities, which include the costs to foreclose and liquidate a home and declines in property value, are expected to rise to 70 percent for 2006 and 2007 subprime bonds and 60 percent for Alt - A bonds issued in those years, S&P added.

This 2 percent reserve fund has dipped in recent years part because of continuing declines in home values, which increases the amount of reserves (and therefore more quickly depletes the reserve fund) that the agency must maintain for each mortgage.

Forty - four percent of homeowners believe that the value of their home today is worth 20 percent or more than what they originally paid for it, declining from 46 percent in June 2010 and 51 percent in January 2010.

The ongoing decline in delinquencies and stabilizing home values indicate that FHA will stay on track to rebuild its capital reserve fund and ultimately meet the 2 percent excess reserve amount required by Congress.

Home owners across the country are facing similar drops, with a 23 percent average decline in housing values since 2006.

But the value of home owners» investment in remodeling projects has declined only 3.86 percent on average between 2007 and 2008, according to Remodeling's 2008 — 2009 Cost vs. Value Revalue of home owners» investment in remodeling projects has declined only 3.86 percent on average between 2007 and 2008, according to Remodeling's 2008 — 2009 Cost vs. Value ReValue Report.

Average home values, as measured by appraisals, fell slightly in October, showing a 0.62 percent decline, according to the national HVI.

Seventy - nine percent of Illinois Real Estate Professionals Predict Home Values Will Decline in the Coming Six Months

Fifty - Seven Percent of Illinois Real Estate Professionals Predict Home Values Will Decline in the Coming Six Months

The S&P / Case - Shiller home price index found that home values in the Chicago area fell 2.5 percent in February, on top of a 1.9 percent decline in January.

Eighty - six percent of Illinois Real Estate Professionals Predict Home Values Will Decline in the Coming Six Months; Up Seven Percent From Last percent of Illinois Real Estate Professionals Predict Home Values Will Decline in the Coming Six Months; Up Seven Percent From Last Percent From Last Quarter

Ninety percent of Illinois real estate professionals and 80 percent of Illinois homeowners predict home values will decline or stay the same in the next six months

When they were in effect, the home buyer tax credits tempered home values declines â $» nationally, home values fell only 0.9 percent from the first to the second quarter of 2010 â $» but values resumed their decline after the tax credits expired, falling 2.6 percent from the third to the fourth quarter.

Fifty percent of surveyed homeowners thought that their homes» values had declined in the prior year.

Sixty - eight percent of surveyed agents indicated that their homeowner clients thought that their homes» values had declined in the prior year vs. 52 % who so believed in the third quarter.

Fifty - six percent of surveyed homeowners thought that their homes» values had declined in the prior year vs. 50 % who thought so in the third quarter.