Don't mislead a client about
the potential sales price of a house just to secure a listing.
Not exact matches
* Several factors could lift
housing prices: An increase in
potential home buyers, fueled by the growing ranks
of Millennials — those born between 1980 and the early 2000s — poised to form their own households, combined with a near - historic lack
of single - family homes for
sale and growing access to mortgage credit.
First - order impact
of more restrictive dollar - inflow into the U.S. will be seen in home
sales and home
prices data, although second - order effect would weigh on multifamily REITS as a sizable cohort
of «involuntary renters» re-enter into the
housing market as
potential buyers (albeit without the balance sheet strength
of Chinese buyers).
A report released by the city Independent Budget Office has raised questions about the
potential effects
of the so - called «mansion tax,» a proposed part
of Mayor Bill de Blasio's affordable
housing strategy that would levy a 2.5 percent surcharge on the
sale price over a threshold
of $ 2 million for residential properties.
Representation
of a Maryland - based fund with its
sale of a senior
housing facility in Washington state and its expedited acquisition
of an industrial property in Massachusetts with multiple environmental and use restriction issues but a favorable
price and a high upside
potential due to the tenant opportunities in the space
However, the Federal
Housing Finance Agency's well - intentioned bulk
sales - to - rental program has the
potential to destabilize markets that already have low inventories by taking properties that could be sold to individuals at market
prices and putting them in the hands
of a few investors at fire -
sale prices.
The lower number
of houses for
sale is usually accompanied by a reduction in
potential customers, so sellers are forced to lower
prices to attract an audience.
Economists predict that where the
housing supply
of for -
sale homes has dropped the most and is more balanced is where
prices have the greatest
potential of gaining this year.