It can
prompt more buyer attention if buyers believe they're getting a good deal, they say.
Rates are now at the highest level in four years,
prompting more buyers to try to get in before they move even higher.
Not exact matches
Debt leveraging inflates property prices, creating (6) hopes for capital gains,
prompting buyers to take on even
more debt in the speculative hope that rising asset prices will
more than cover the added interest, which is paid out of capital gains, not out of current income.
For example, new apartment sales in the Queensland capital have reportedly collapsed by
more than 70 per cent in a year,
prompting desperate developers to offer lucrative incentives to attract
buyers.
The yuan's weakening of the yuan and domestic real estate slowdown has
prompted Chinese
buyers to invest in Southeast Asia where properties are relatively affordable, reports the Global times (8... Read
more >
The Chief Economist of the Canadian Real Estate Association, Gregory Klump, believes that the combination of limited housing supply and strong
buyer demand will
prompt more homeowners to stay put and renovate, rather than sell and relocate.
Had you invested in your own appraisal report, it might have
prompted you to ask
more precise questions, such as how much the
buyers are putting down and where it's coming from.
A low appraisal can
prompt buyers to try to renegotiate a lower sales price or force a
buyer who is trying to get financing to find a way to come up with
more money in order to proceed with the sale.
It should
prompt you to encourage prospective
buyers in writing to do even
more thorough inspections and investigations.
The Bank of Canada raised short - term interest rates this week, and
more increases are expected later in the year,
prompting many home
buyers and mortgage holders to ask whether a variable - rate mortgage or a fixed - rate mortgage is best for them.
Still, rising
buyer demand, along with record - low inventory, has
prompted calls from many in the real estate industry for builders to add
more new homes.
A drop in the inventory of for - sale homes around the country is
prompting more competition among home
buyers.
However, the consolidation has
prompted buyers to scrutinize those deals
more carefully.