Sentences with phrase «rising home prices caused»
During that time, rising home prices caused millions of Americans to refinance their homes and embark on fancy upgrades to their home.
http://www.vermontrealtors.com/ Not exact matches
Low supply last year caused home prices, which were rising already, to accelerate, and that continues now.
MH: well the deeper cause is the fact there was a real estate bubble to begin with and the reason people wanted to take out mortgages now was that they thought that we had better buy a home now before the price rises even further and they didn't realize that the reason prices were rising were because the banks were making easier and easier credit.
Market characteristics have melded to create a perfect storm where prospective homeowners are unable to find adequate affordable property due to an extreme lack of supply, and have thus refrained from putting their own homes on the market, causing sales activity to slow further and price rises to lower.
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed.
Rising home prices and higher mortgage rates caused housing affordability to decrease by 15.9 percent from last year.
The National Association of Realtors pointed the finger at rising interest rates, a lack of inventory, and rising home prices for causing the slow down.
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed.
Even more, because of some very tight markets in some areas, a down payment is often a moving target as home prices soar and cause the minimum down payment requirement to rise with it.
«In these West Coast markets, heightened demand is being met with limited supply of homes for sale, which naturally causes prices to rise,» says Dr. Svenja Gudell, chief economist at Zillow.
But rising home prices in the past year have caused some buyers to pull back on acquisitions, change their geographic focus and modify existing business models.
Rising delinquencies and looming foreclosures could flood the market with additional inventory, causing another 5 percent to 7 percent decline in home prices in 2011.
The supply and demand imbalances in much of the country tempered sales pace and caused home prices to continue to rise in the second quarter.
WASHINGTON (August 11, 2015)-- A promising climb in home sales throughout the country amidst insufficient supply caused home prices to steadily rise in most metro areas during the second quarter, according to the latest quarterly report by the National Association of Realtors ®.
«The small supply of homes for sale, at only about four months» worth, is one cause of rising prices,» Blitzer says.
«The expanding pool of buyers amidst a dwindling number of bargain - priced properties led to tighter supply and fewer sales and caused the price of vacation homes to rise.
There's More to a Bubble Than Rising Home Prices What truly causes a housing bubble and the inevitable crash?
When home prices are rising fast, investors and speculators buy more homes which can quickly cause big increases in home prices for families.
Yun says this year's strong sales are causing home prices to rise to an «unhealthy and unsustainable pace.»
But rising home prices in some parts of the country (as seen by the uptick in the green line below) are causing aggregate home equity to grow.
For most people a short article in the Bend Bulletin about how the median price of homes sold rose 15 % in March would be cause for celebration.
While a single - family home may have once been the goal, rising housing prices have caused more people to consider multi-family options.
Inventory continues to rise in the luxury & premium home markets which is causing prices... Read More
While Calgary and Edmonton will continue to boast healthy economies and high levels of home sale activity, the excessively fast run - up of home values in 2006 and the first half of 2007 priced people out of the market, causing inventory levels to rise late in the year.
The lower availability of homes for sale has caused prices to rise significantly in 2013, but as inventory issues ease, the rate of rising prices should slow down.
Student loan debt, flat wages, rising home prices (making it harder to get into the homeownership game) and rising rents (complicating the saving process), are delaying milestones such as marrying and having children - major events in life that often cause young people to buy a home.