Sentences with phrase «said rising home values»

Abrahams said rising home values also give homeowners the sense that their investments will pay off.

NAR President Gary Thomas, says rising home values will encourage more people to sell.

Not exact matches

On this track, the rapper bemoans rising real estate values in his home city, calling out one of Brooklyn's trendiest neighborhoods and saying, «I could have bought a place in Dumbo before it was Dumbo for like $ 2 million.

Home values over the long run tend to rise just slightly faster than inflation, making it a worse investment than, say, investing in the stock market.

«Many homes are still underinsured,» said Worters, noting that construction costs continued to rise even as market values fell.

«The housing market has taken a long time to adjust,» Chessen said, but «declining home equity delinquencies reflects a healthier housing market and rising home values.»

The company said it expects home values in the city to continue rising over the next 12 months, though at a slightly slower pace than the last 12 months.

To create its forecast, the company said it «looked for places with quickly rising home values, low unemployment rates and strong income growth.»

With that being said, housing analysts and economists expect home values in California to continue rising to some degree over the coming months.

Commenters have said that RE taxes are increasing with the rise in home values.

«Home values are on the rise and Nassau has a growing population,» said Mangano spokesman Brian Nevin, who said he hadn't seen Law's comments.

Amid fears the tax might adversely affect pensioners or those on low or medium incomes who had seen the value of their home soar as a result of property price rises, Mr Cable said they may actually benefit.

«Rising equity markets, improving labor market conditions, rising home values and relative stability in Washington has consumers feeling more optimistic as we turn the corner into 2014,» said Lindsey Piegza, chief economist at SterneRising equity markets, improving labor market conditions, rising home values and relative stability in Washington has consumers feeling more optimistic as we turn the corner into 2014,» said Lindsey Piegza, chief economist at Sternerising home values and relative stability in Washington has consumers feeling more optimistic as we turn the corner into 2014,» said Lindsey Piegza, chief economist at Sterne Agee.

You can look at these numbers in two ways: You can say that the cash value of real estate has risen during the past decade and you can also say that today's existing home prices are actually cheaper than 10 years ago in terms of buying power.

Since rising home values are returning lost equity to many homeowners, refinancing can make sense with even a small difference in your interest rate because you might be able to eliminate your private mortgage insurance, says Cunningham.

For example, if a buyer puts down 20 percent on a home and it rises 20 percent in value in five years, they now have good equity in the property, Ailion says.

About half of those polled (47 percent) said their home is worth less than it was before the recession started, while 31 percent said their home's value has remained the same and 17 percent said the value has risen.

Rising mortgage interest rates pose affordability problems for all home buyers, but current homeowners looking to buy a new home are in a uniquely challenging situation: At higher rates, monthly payments on even a similarly - valued home will go up, to say nothing of a more expensive home.

«Over the years the Home Buyers» Plan has failed to keep pace with rising home values,» says Randall McCauley, head of federal affairs for the Canadian Real Estate AssociatHome Buyers» Plan has failed to keep pace with rising home values,» says Randall McCauley, head of federal affairs for the Canadian Real Estate Associathome values,» says Randall McCauley, head of federal affairs for the Canadian Real Estate Association.

Home equity lines of credit especially are poised to grow now that home values have been rising for a number of years during the economic recovery, they Home equity lines of credit especially are poised to grow now that home values have been rising for a number of years during the economic recovery, they home values have been rising for a number of years during the economic recovery, they say.

In fact, Fitch says, it's because Canadian home values have been rising in the last seven years despite a soft economy that the six banks have been able to appear so financially sound, as their rivals in the U.S. and Europe have struggled.

«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.

«Homeowners continue to find new ways to add value to their homes by creating more functional space, which is apparent in the rise in popularity of outdoor kitchens,» said Kermit Baker, chief economist of the AIA, in a statement on the survey.

«For years, falling interest rates have been a boon to the U.S. housing market, keeping monthly mortgage payments low for first - time and move - up buyers alike, even as home values rose,» says Erin Lantz, vice president of Mortgages for Zillow Group.

On average, Americans expect home prices to increase 1.3 percent over the next twelve months (the highest value yet recorded), while the percentage of Americans who say it is a good time to sell their home continued to rise to 15 percent in April (up from low, flat levels during 2011).

«The ongoing rise in home values in recent years has greatly benefited homeowners by increasing their household wealth,» says Yun.

«Given rising housing values, the ability to purchase a home with less than five per cent down has been a tremendous boon to many young buyers,» says Wondrak.

«Rising home values are causing more investors to retreat from the market,» says Lawrence Yun, NAR's chief economist.

Fairfax — While 2017 homeownership rates have reached the highest level since mid-2014 according to Census Bureau data, and 2017 home prices reached new highs for the past decade, we are starting this year off with solid rises in home values, said Lorraine Arora, the 2018 NVAR Chairman of the Board and Weichert, Realtors ® Fairfax regional managing broker.

Spanning the past 12 months, home values are said to have risen by nearly 15 percent in the city.

Stover said the median home value in Aurora rose to $ 81,900 this year from $ 18,800 in 1970.

Lowe's, which surveys consumers every quarter, says that its most recent poll showed that 50 percent of the home owners surveyed reported that the value of their home is rising — marking a survey high (ever since Lowe's began polling home owners in 2007).

«The significant rise in home values and the stock market at record highs are why a majority of homeowners, as well as those with incomes above $ 100,000, are more optimistic about the economy than renters and those with lower incomes,» Yun says.

«The rising student loan debt problem is another consequence of the housing downturn,» says NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. «As more and more parents face tighter budget restraints as a result of lower home values, this is forcing an increasing number of students to take out loans for tuition, essentially shifting some of the burden of paying for college from parents to students.»

«Real estate will be a hedge against inflation, with values rising 15 percent cumulatively over the next three years, also meaning there will be fewer upside - down home owners,» Yun said.

Two out of three first - time buyers considering a home purchase are confident in future housing values but are thinking about monthly payments, the potential for rising property taxes and interest rates, says a new report by Genworth Financial Canada.

For example, eight percent of Philadelphia renters said they planned to buy within a year in the January survey, when home values were rising at a 3.1 percent annual rate.

To create its forecast, the company said it «looked for places with quickly rising home values, low unemployment rates and strong income growth.»

«Orlando's inventory of available homes is 11 percent below where it was this time last year and continues to impact both sales and price,» says ORRA President John Lazenby, Colony Realty Group, Inc. «Regardless, we are seeing a small trend of increasing sales that illustrates buyer enthusiasm for our current historically low interest rates and steadily rising values.»

Kendall said a typical home rose 150 percent in value between 1970 and 1980.

The company said it expects home values in the city to continue rising over the next 12 months, though at a slightly slower pace than the last 12 months.

A lackluster economic recovery in conjunction with falling home values and rising gas and food prices is only accelerating the online buying trend, says Peter Muoio, senior principal of New York - based Maximus Advisors.

«Millennials have been fairly slow to get into the market, but we are seeing an uptick in millennial buyers this year — which is a good sign, because as home values rise, we want a wider number of people to participate in this housing recovery,» said Lawrence Yun, chief economist at the National Association of Realtors (NAR).