Sentences with phrase «rising home values lead»
Not surprisingly, rising home values lead to increased consumer spending, which results in a stronger economy.
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According to the study by the Georgia State University's Fiscal Research Center, that willingness led to a rise in home values in those areas.
Generally, if your assessment value goes up by less than your municipality's average, you won't face a tax increase; if your home value rises more than is typical, it could lead to higher taxes.
Pushback against overly tight credit after the housing crisis, a shrunken proportion of first - time buyers and worry about affordability as home values rose led to some tweaks to guidelines that could ease financing pressures for homebuyers this year.
Rising home values across the nation led to an increase in maximum loan amounts for conforming loans, which could make it easier for some borrowers to qualify for a loan this year.
«Currently this is highly tilted with a lack of home inventory, leading to rising values.
«Low inventory of homes available for sale and a growing economy has led to steadily rising home values as indicated by the strong annual increase of the HVI index,» Banfield says.
In markets facing low inventory, rising prices and interest rates, the ability to provide clients and leads with a three - year forecast of a home's value serves as a clear competitive advantage.
Factors that have led to increases in homeowners premiums in the past few years include rising home values, higher repair and rebuilding costs, and larger than average catastrophe losses in hurricane - prone areas.
Providence, R.I., led the nation in increasing home values with a 40.9 percent rise in its median home price, from $ 71,900 in January through March 1986 to $ 101,300 in the same quarter of 1987.