Sentences with phrase «prices during the housing crisis»
The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property).
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Iceland's housing prices rose an incredible 150 % from 2001 to 2008 and gently eased 12 % during the worst phase of the country's crisis.
Prices have climbed steadily for the last seven years after the market crashed during a national housing crisis.
The American dream of home ownership is alive and well even after the battering prices and budgets took during the housing crisis, according to a survey by Chase.
Single - family home prices in Chicago's neighborhoods and Cook County's suburbs have come off the lows recorded during the depths of the housing crisis, but a great divide exists between the have and have - not communities, and affordability is under pressure in popular areas.
Some investors who bought foreclosures in bulk during the housing crisis are using contracts for deed to sell off inventory now that prices have widely rebounded.
«As far as Fannie Mae and Freddie Mac are concerned, there is a tradeoff there between supporting the higher priced homes and weaning the housing finance system off of unusual limits it was put under during the crisis.»
However, here is something else to consider: With a small down payment homeowners could find themselves underwater with even a minor decline in home prices, a real and serious issue during the housing crisis several years ago.
Katherine E. Loveland, PhD, Naomi Mandel, PhD, and Utpal M. Dholakia, PhD During the housing crisis, many homeowners continued to ask unreasonably high prices for their homes.