Sentences with phrase «steady housing recovery»
Housing nationwide bottomed out at an average of 27 percent of normal production in early 2009 and the gradual and steady housing recovery now underway across the land will bring nationwide single - family housing starts to 68 percent of normal by the fourth quarter of 2015 and 90 percent of normal by the end of 2016.
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«Combined with consistent, positive reports on housing starts, permits, prices and builder confidence in recent months, today's data provides further confirmation that a gradual but steady housing recovery is underway across much of the nation,» says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «Consumers who have been on the sidelines during the past few years are deciding now is the time to go forward with a new - home purchase, assuming they can qualify for a good mortgage under today's exceedingly stringent guidelines.»
This steady housing recovery has meant good things for mortgage guarantors Fannie Mae and Freddie Mac.
Not exact matches
After a slow and steady recovery following the housing crisis of 2008, Leibowitz explains that American consumers generally had fewer problems with their mortgages, better employment prospects, and greater access to credit, which made them less likely to file.
In the U.S., there has been a steady recovery in suburban housing prices over the past year, and some fragile confidence that it might continue.
All three indicators tell a similar story of rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.
«Public sector spending cuts are now beginning to bite and with the exception of a steady recovery in the private housing market, where starts are forecast to increase by 5 % this year and 11 % next, the private sector is pretty subdued.
Nationally the housing recovery is more anemic than Minnesota, growth is slow but steady and unemployment remains high.
The resulting housing slump from the recession continues to affect a slow but steady recovery.
«We've witnessed a strong economic recovery in this region, and a steady uptick in job growth leading to a surge in demand for apartment housing.
«As we start 2014, the housing recovery continues its steady pace,» Frank Nothaft, Freddie Mac's chief economist.
«New - home production numbers are in line with our forecast for a slow and steady recovery of the housing market,» said Robert Dietz, chief economist of the National Association of Home Builders (NAHB), in a statement.
Like the overall housing market, the 55 + segment of the market is undergoing a slow but steady recovery, but there are some obstacles to a continued and stronger recovery.
All three indicators tell a similar story of rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.
«As we start 2014, the housing recovery continues its steady pace.
Related: Eurozone Housing, Mortgage Recovery to Continue in 2018 I APAC's Housing Market Slowdown to Continue in 2018 I US Residential Prices Steady, Canada Slowing in 2018
«While 11 new housing markets were designated as improving in October, 92 metros retained their spots on the IMI and just seven slipped from the list,» notes Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «This is an encouraging sign that the housing recovery is proceeding at a steady pace as firming prices and employment help spur new building activity, which in turn generates new jobs and more home sales.»
«There is no question, the housing recovery will be slow and steady, but for many cities the turn - around is already happening.»
«We've seen steady improvements in sales and median price throughout 2012, and Orlando's housing market recovery should continue through the coming years,» says ORRA Chairman Stephen Baker, RE / MAX Central Realty.