Sentences with phrase «priced home in their market»

If things were tough for first - time buyers, they were even tougher for small real estate investors who saw foreclosure discounts — the difference between the median price for full - price homes in a market and the median REO price - shrink and even disappear altogether in some markets.
During uncertain times, buyers will not stick their neck out to purchase a high priced home in a market rated as the most likely to crash.
Nearly half of the agents say lower priced homes in their markets are selling for slightly less than the asking price, while 17 percent say buyers are paying full price and 11 percent say buyers are paying slightly more than the asking price.
If things were tough for first - time buyers, they were even tougher for small real estate investors who saw foreclosure discounts — the difference between the median price for full - price homes in a market and the median REO price - shrink and even disappear altogether in some markets.

Not exact matches

«Given that the decline in home prices had so much to do with the de-leveraging that was taking place on the consumer side,» a recent 10 % rise in the housing market «is a key reason for optimism about growth improving,» Marple said.
Reliable housing market statistics are hard to come by, but a number of private surveys of home prices in various cities now suggest at least a halt to the 20 % annual increases, and in some cases precipitous drops.
The market in Regina is also soft, and the average home price is down slightly from 2014.
The streaming video pioneer has hit a rough patch, with slowing subscriber numbers in its home U.S. market and a declining share price.
On average, 87 % of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75 % in 2014.
Average home price (2014): $ 387,492 Time to buy in years: 3.7 5 - year price appreciation: 3.7 % Average 5 - year rent increase: 13 % Previous year's unemployment rate (2013): 7.9 % Get more details on Durham / Oshawa's housing market.
Average home price (2014): $ 338,624 Time to buy in years: 3.7 5 - year price appreciation: 5.7 % Average 5 - year rent increase: 16 % Previous year's unemployment rate (2013): 5.8 % Get more details on Barrie's housing market.
Average home price (2014): $ 357,569 Time to buy in years: 3.7 5 - year price appreciation: 5.7 % Average 5 - year rent increase: 12 % Previous year's unemployment rate (2013): 6.7 % Get more details on Guelph's housing market.
The number of Canadian homes sold in March plunged 23 per cent and the national average price was down 10 per cent from the same month last year amid double - digit plunges in most housing markets across the country, according to the latest monthly sales data released Friday.
Average home price (2014): $ 275,622 Time to buy in years: 3.4 5 - year price appreciation: 5.0 % Average 5 - year rent increase: 14 % Previous year's unemployment rate (2013): 6 % Get more details on Brantford's housing market.
Average home price (2014): $ 405,619 Time to buy in years: 4.4 5 - year price appreciation: 6.7 % Average 5 - year rent increase: 15 % Previous year's unemployment rate (2013): 6 % Get more details on Hamilton's housing market.
In China, overall new home prices fell for the third month, government data showed on Monday, as government - imposed restrictions took the wind out of the frothy market.
Average home price (2014): $ 459,980 Time to buy in years: 3.7 5 - year price appreciation: 4.6 % Average 5 - year rent increase: 22 % Previous year's unemployment rate (2013): 5.5 % Get more details on Calgary housing market.
Average home price (2014): $ 314,319 Time to buy in years: 3.3 5 - year price appreciation: 4.4 % Average 5 - year rent increase: 30 % Previous year's unemployment rate (2013): 2.8 % Get more details on Regina's housing market.
Single - family home prices are rising, with «solid sales,» while there's been a «pullback» in the condo market.
Prices for homes there — particularly in Vancouver — have been skyrocketing, as the developed market least affected by the financial crisis becomes overloaded by foreign cash.
The aluminum - cased N1, which runs on Google's Android Lollipop operating software but features Nokia's new Z Launcher intelligent home screen interface, is due to be in stores in China in the first quarter of next year for an estimated price of $ 249 before taxes, with sales to other markets to follow.
Cheap credit has caused a host of problems: it has blown out household debt and inflated home prices in some markets to unsustainable levels.
Since implementing that 15 per cent charge last summer, the raw number of home sales have fallen about 40 per cent, primarily in the upper end of the market, and the steep price gains have levelled off.
«Additional government support for home ownership, especially in the context of housing markets experiencing rapid price growth and restricted housing supply, are likely to be counterproductive,» Morneau wrote.
In a world of online markets, instant videos and Zillow pricing, why should anyone turn 5 % to 6 % of the take on a home sale over to a real estate agent?
«China, the recent growth engine for demand, remains underpenetrated, and should remain accretive, and the North American consumer remains healthy thanks to the wealth effect (equity markets and home prices remain elevated supporting consumer willingness to spend),» she said in an email to CNBC.
In the housing market, they have experienced hardships that have made purchasing a home more difficult: mounting student loans, flat wages, and increased rent prices, making the saving process even more challenging.
The city was recently ranked the second - least - affordable major market in the world by Demographia, a U.S. research firm, with median home prices 10.6 times the median pre-tax household income.
Minnesota Vikings fans were hoping to see their home team play in the big game at Minneapolis» U.S. Bank Stadium, but Sunday's 38 - 7 shellacking by the Philadelphia Eagles means tickets on the resale market aren't quite as insanely priced — though they're hardly cheap.
Although the number of homes on the market increased this year, the average multi-million listing price decreased slightly from $ 1.7 million in 2016.
That's according to the Canada Mortgage and Housing Corporation, which analyzed overheating, acceleration of home prices, overvaluations and overbuilding in markets across the country in its quarterly assessment, released on Thursday.
«While home sales were below what's typical for March, we are seeing more balance between the number of sales and listings on the market in the last two months, which is having a stabilizing impact on home prices,» said Sandra Wyant, president of the Vancouver board.
«Millennials make up the largest share of those seeking starter homes, a portion of the market that saw inventory plummet 14.2 percent and prices leap nearly 10 percent year - over-year in Q1 2017,» wrote Cheryl Young, a senior economist at Trulia.
Exactly why home prices continue to rise in Vancouver and Toronto, while prices in other markets cool, remains the subject of debate.
While overall low inventory has led to competition in some markets — about a quarter of 2017 home sales yielded sales prices higher than the asking price, according to Zillow — it's a different story for some sellers.
The steady rise in home prices is so far showing no limits, and that is turning up the heat on some already overheated housing markets.
In fact, between a Saturday and a Monday — just two days — the market drops by nearly 1 % every week, the HGTV star tells Torabi: «If you think about the average home price in America being around $ 350,000, you're going to save $ 3,500 on average by putting offers in on a Monday versus a Saturday.&raquIn fact, between a Saturday and a Monday — just two days — the market drops by nearly 1 % every week, the HGTV star tells Torabi: «If you think about the average home price in America being around $ 350,000, you're going to save $ 3,500 on average by putting offers in on a Monday versus a Saturday.&raquin America being around $ 350,000, you're going to save $ 3,500 on average by putting offers in on a Monday versus a Saturday.&raquin on a Monday versus a Saturday.»
The firm has given its real - estate agents a distinct market advantage and sold homes for the highest negotiated prices in the shortest times among its competitive group.
Jason Mercer, the board's senior manager of market Analysis, said the relative short supply of low - rise home types in many parts of the GTA continued to «prompt strong upward pressure on selling prices of singles and semis.»
The reports breakdown by market segment showed that detached home sales in Toronto's 416 area code were down 6.9 per cent at 1,137 in June, but the average price was up 8.1 per cent at $ 866,326.
«Slowing consumer demand combined with a surge in new home completions over the next several quarters will create more balance in the housing market and produce less upward pressure on home prices,» the association says in its release.
«These projects were priced much lower than market expectation, in some cases even cheaper than surrounding second - hand homes.
Thursday's announcement follows similar price cuts of the console in Asia, including its home market Japan, and adds pressure on rival Microsoft (MSFT), whose Xbox One system has lagged the PlayStation 4 in global sales.
But it's common for home prices to stagnate for a few years even in a normal market.
Athens, Georgia Population: 116,714 Median home price: $ 116,000, down 34 % from the market peak In Athens, retirement is just another excuse to continue the learning process.
Buyers are out in force, but home prices are high and there is record low supply of homes for sale in most major markets.
And unlike in Toronto and Vancouver, where foreign investment is viewed by some as a malevolent force driving up home prices, the market in the province is still shaky and a few more offshore buyers could be beneficial.
Seattle, Washington Population: 608,660 Median home price: $ 361,000, down 24 % from the market peak An increasing number of retirees are opting to trade in sun and golf for life in the big city and the...
The Bank of Canada describes excessive home prices in some big markets as a «vulnerability,» a vulnerability that has gotten worse over the past six months.
Based on three metrics — sale - to - list price ratio, the prevalence of price cuts on home listings, and time - on - market — the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area.
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