Inventory Uptick Signals More Confident Sellers

Inventory Uptick Signals More Confident Sellers

More homes are gradually coming onto the market in a hopeful sign that homeowners may finally be warming up to the idea of selling, according to data from realtor.com®’s latest Weekly Housing Report. An incremental uptick in available inventory is welcome news to home buyers struggling to find a property to purchase. Last week, homes sold a full two weeks faster than the same time period a year ago and were listed for an average of $38,000 more, realtor.com®’s report shows.

“Home sales are shaping up for a record-breaking October,” says Javier Vivas, director of economic research for realtor.com®. “There are so many buyers in the market right now that even the slight improvements we’re seeing in inventory could push the number of homes sold this month near mid-2000s levels. If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for—which would be welcome news for frustrated buyers.”

Total inventory is down 38% compared to a year ago. However, last week’s numbers mark the fourth consecutive week that the number of homes for sale has stayed even or improved. The number of new listings on the market fell 5% compared to a year ago, also marking an improvement over last week, when new listings were down 7%.

 

Realtor.com chart

Realtor.com chart
Source:
©National Association of REALTORS®
Reprinted with permission

Broomall PA Home 13 Cheshire Cir Broomall, PA 19008

Broomall PA Home 13 Cheshire Cir Broomall, PA 19008

  • 3 Beds
  • 2 Baths
  • 1,529 sqft
    $320,000
    Est. Mortgage $1,694/mo

 

Description about this home for sale at 13 Cheshire Cir Broomall, PA 19008

Investor Alert!! This home has had one family living in it since 1956 but now it is time for the next family to enjoy the magic of growing up in a cul-de-sac location in the cozy confines of Lawrence Park. This house is being sold “as-is” so the sellers will make no repairs. The house was maintained by the owners over the years and nothing was neglected but it needs updating throughout. There is a three seasons room and an extra long yard. All showings start on Tuesday, October 20.

Home Details on this home for sale at 13 Cheshire Cir Broomall, PA 19008
  • Single Family Home
  • $209/sqft
  • Lot Size: 10,106 sqft
  • Built in 1956
  • 5 Days on Trulia
  • 8 Rooms
  • Rooms: Family Room
  • Heating: Other
  • Cooling System: Central
  • Air Conditioning
  • split level Architecture
  • Stories: 1
Public Records for this home for sale at 13 Cheshire Cir Broomall, PA 19008
  • 3 Beds
  • 2 Baths
  • 1,529 sqft
  • Single Family Home
  • 10,106 sqft lot size
  • Built in 1956
  • County: Delaware
  • Stories: 1.0
  • Construction Type: Stone

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about    this home for sale at 13 Cheshire Cir Broomall, PA 19008 and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas

Anthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 13 Cheshire Cir Broomall, PA 19008

16 Million People Have Moved During the Pandemic

16 Million People Have Moved During the Pandemic

The pandemic has sparked Americans to relocate in large numbers. From February through July, more than 15.9 million people filed change-of-address requests with the United States Postal Service.

Twenty-eight percent of nearly 10,000 adults recently surveyed by the Pew Research Center said the most important reason they moved was to reduce their risk of contracting COVID-19. Another 23% said they moved because their college campus closed; 20% wanted to be with their family; and 18% cited financial reasons for their move, including job loss.

Many of these moves may be temporary, however. Temporary change-of-address requests were up nearly 27% from February through July compared to last year, according to an analysis from MyMove.com. A temporary change of address reflects consumers who forward their mail to a new location but plan to move back to their old address within six months.

Smaller cities are adding population during the pandemic. Some that have gained the most movers during the pandemic are Katy, Texas; Richmond, Texas; Frisco, Texas; East Hampton, N.Y.; Georgetown, Texas; Leander, Texas; Cypress, Texas; and Cummings, Ga.

The majority of individuals moving during the pandemic are leaving highly populated cities. Areas that have lost the most movers during the coronavirus pandemic include New York City (number of movers the city lost in 2020: 110,978); Brooklyn, N.Y. (43,006); Chicago (31,347); San Francisco (27,187); and Los Angeles (26,438).

Source:
©National Association of REALTORS®
Reprinted with permission

Places to Retire in 2020

Places to Retire in 2020

Florida dominates this year’s “Best Places to Retire in 2020” from U.S. News & World Report “in a way that we haven’t seen in years before,” says Emily Brandon, U.S. News & World Report’s senior editor for retirement.

Brandon says Florida is drawing more retirees due to the state’s affordable homes, low taxes, and high ratings for happiness and desirability. Florida boasted seven of the top 10 places to retire in 2020 on U.S. News & World Report’s annual list.

U.S. News & World Report analyzed 150 of the largest metro areas and ranked them on metrics such as happiness of local residents, housing affordability, tax rates, and health care quality.

The top places to retire in 2020, according to the rankings, are:

  1. Sarasota, Fla.
  2. Fort Myers, Fla.
  3. Port St. Lucie, Fla.
  4. Naples, Fla.
  5. Lancaster, Pa.
  6. Ocala, Fla.
  7. Ann Arbor, Mich.
  8. Asheville, N.C.
  9. Miami
  10. Melbourne, Fla.
  11. Myrtle Beach, S.C.
  12. Nashville
  13. Jacksonville, Fla.
  14. Manchester, N.H.
  15. Daytona Beach, Fla.
Source:
Best Places to Retire in the U.S. in 2020-21,” U.S. News & World Report (2020) and “These Are the Best Places to Retire in 2020,” realtor.com® (Oct. 14, 2020)
©National Association of REALTORS®
Reprinted with permission

Broomall PA in Delaware County Home 399 Westfield Dr Broomall, PA 19008

Broomall PA in Delaware County Home 399 Westfield Dr Broomall, PA 19008

  • 3 Beds
  • 2 Baths
  • 1,520 sqft
    $375,000
    Est. Mortgage $1,979/mo
Description about this home for sale at 399 Westfield Dr Broomall, PA 19008

Ready…..Set…..Move into this sought after single family detached home. Welcome to 399 Westfield Dr in Broomall , your new home is sought after Lawrence Park. Great curb appeal. Very close to all the possible amenities, shopping, food, golf and schools. Very short access to all transportation venue and routes. Nice rear fenced yard…..Drive way for 2+ cars for off street parking…..Hardwood floors through much of the home…..Wonderful finished basement w/a fireplace that will be a great family gathering spot…..Also has a bar w/storage in basement where the half bath and laundry are as well.

Home Details on this home for sale at 399 Westfield Dr Broomall, PA 19008
  • Single Family Home
  • $247/sqft
  • Lot Size: 8,319 sqft
  • Built in 1956
  • 5 Days on Trulia
  • 7 Rooms
  • Rooms: Dining Room
  • Heating: Forced Air
  • Cooling System: Central
  • Air Conditioning
  • Washer
  • Dryer
  • Refrigerator
  • Fireplace
  • Parking Spaces: 2
  • split level Architecture
  • Stories: 2
  • Exterior: Vinyl
  • MLS/Source ID: PADE529148
Public Records for this home for sale at 399 Westfield Dr Broomall, PA 19008
  • 3 Beds
  • 2 Baths
  • 1,520 sqft
  • Single Family Home
  • 8,319 sqft lot size
  • Built in 1956
  • County: Delaware
  • Stories: 2.0
  • Construction Type: Stone

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about    this home for sale at 399 Westfield Dr Broomall, PA 19008 and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas

Anthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 399 Westfield Dr Broomall, PA 19008

Pet Peeves Drive Bathroom Renovations

Pet Peeves Drive Bathroom Renovations

A top pet peeve of homeowners: an old or outdated space in the owner’s suite bathroom. It has sparked a wave of renovations of the space, according to the 2020 U.S. Houzz Bathroom Trends Study, reflecting nearly 1,600 homeowners in the midst of or planning a remodeling project for an owner’s suite bathroom .

Nearly 90% of homeowners renovating an owner’s suite bathroom say they are changing the style as a way to bring it up to date, the study says. Insufficient storage, small showers, poor lighting, and limited counter space were the chief complaints about the spaces.

That’s likely why the main areas upgraded in an owner’s suite bathroom renovation tend to be showers, light fixtures, countertops, and vanity cabinets, the Houzz survey shows. Homeowners are seeking larger spaces. They’re increasing the size of their showers (54% of bathroom renovators), and 20% are increasing their bathroom’s overall size.

“We’re seeing that spending so much time at home is bringing a functional, beautiful bathroom to the top of the priority list for many homeowners,” says Liza Hausman, Houzz’s vice president of industry marketing. “They’re enlisting home professionals to bring bathrooms up to date with more current styles, and upgraded features like storage and lighting.”

Bathroom renovations aren’t cheap. The national median spend on a remodel is $8,000. Homeowners undergoing a major remodel of the space—including a shower update—are spending three times more than those doing minor remodels and leaving the shower as is, according to Houzz. (The median spend is $14,000 versus $4,500.) The size of the bathroom being upgraded is also affecting the budget. An owner’s suite bathroom that is larger than 100 square feet has a median spend of $7,000 more than a bathroom smaller than 100 square feet ($17,000 versus $10,000), according to Houzz.

Some overall trends emerging from the Houzz study:

  • White continues to be the top choice in bathroom colors, complete with white countertops and white walls.
  • Wall lights and recessed lights remain favorite lighting choices for bathroom remodels.
  • Installing a new mirror is a popular upgrade for remodeling homeowners, with most homeowners installing two or more mirrors. One in five homeowners also installed LED lighting in the mirrors, which has been a growing trend over the past year.
  • More than a third of homeowners added or upgraded an accent wall during their bathroom renovation. The top colors include white, gray, and blue. Fifty-one percent are using surface material to distinguish the accent walls.
  • Nearly half of all new faucets include high-tech features. A growing percentage of faucets offer one-touch-only or touch-free activation.
Source:
2020 U.S. Houzz Bathroom Trends Study,” Houzz (Oct. 13, 2020)
©National Association of REALTORS®
Reprinted with permission

Broomall PA home – 24 Summit Ave Broomall, PA 19008

Broomall PA home – 24 Summit Ave Broomall, PA 19008

  • 3 Beds
  • 2 Baths
  • 1,726 sqft
    $375,000
    Est. Mortgage $1,975/mo

 

Description about this home for sale at 24 Summit Ave Broomall, PA 19008

Lovely 3 bd / 2 ba home located in a very desirable Broomall neighborhood! Highlights of the home include its open floor plan, sunroom, and expansive backyard! You’ll first notice the lush front landscaping and beautiful sunroom with crisp white walls and large windows. A formal living room welcomes you in and features new casement windows and hardwood floors under the carpet. Flow into the dining area and kitchen, equipped with wood laminate flooring, a center island, bar seating, oak cabinets, gas cooktop, and recessed lighting! Up ahead is the main living room, offering a gas fireplace and access to the backyard. There is one full bath on this level with a wood vanity and fiberglass shower stall. Upstairs, the three bedrooms include ceiling fans, ample closet space, and carpet flooring. The hallway bath has a white vanity, shower/tub, and tile wall surround. A bonus bedroom space is available in the basement for guests! This partially finished level is also home to the laundry and plenty of storage. The backyard has a well maintained lawn, rock gardens, and a new insulated 10×12 shed! Additional storage in the attic. Central A/C and Forced Air heating. Shared driveway accommodates parking for two vehicles. Located in a Blue Ribbon school district near shopping, restaurants, parks, and trails. Easy access to major hwys, I-476/95, and Philadelphia Airport. Buyer should verify all information.

Home Details on this home for sale at 24 Summit Ave Broomall, PA 19008
  • Single Family Home
  • $217/sqft
  • Lot Size: 8,538 sqft
  • Built in 1920
  • 6 Days on Trulia
  • 8 Rooms
  • Rooms: Dining Room, Family Room
  • Heating: Forced Air, Gas
  • Cooling System: Central
  • Air Conditioning
  • Washer
  • Dryer
  • Refrigerator
  • Microwave
  • Dishwasher
  • Floors: Tile, Carpet, Hardwood
  • Fireplace
  • Ceiling Fan
  • Parking: Off Street
  • Parking Spaces: 2
  • Basement
  • Stories: 2
  • Exterior: Vinyl Wood
  • Roof: Shake Shingle
  • Porch
  • Lawn
  • See Virtual Tour
Public Records for this home for sale at 24 Summit Ave Broomall, PA 19008
  • 3 Beds
  • 2 Baths
  • 1,726 sqft
  • Single Family Home
  • 8,538 sqft lot size
  • Built in 1920
  • County: Delaware
  • Basement: 18
  • Stories: 2.0
  • Construction Type: Frame

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about    this home for sale at 24 Summit Ave Broomall, PA 19008 and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas

Anthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 24 Summit Ave Broomall, PA 19008

We’re with you for every step of the Home Buying Process.

We’re with you for every step of the Home Buying Process.

Follow these five steps to help guide you along your homebuying journey. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast #PlymouthMeetingFM

10 Cities for First-Time Buyers in 2020

10 Cities for First-Time Buyers in 2020

Millennials are reportedly accelerating their homebuying timelines due to the COVID-19 pandemic, according to a new survey by realtor.com® and HarrisX of 2,000 buyers. Low mortgage rates and more available savings for a down payment, accumulated during stay-at-home periods earlier this year to fight the pandemic, have unleashed a wave of buyers the real estate market has long been waiting for.

But which cities offer the best prospects for first-time buyers in 2020? SmartAsset, a personal finance website, compared 185 of the largest cities in the U.S. on 12 metrics, including home market favorability (price-to-rent ratio, five-year home value appreciation, and foreclosure rate); affordability (under-45 homeownership rate, down payment-to-income ratio, housing costs); employment; livability; and more.

The following are the top cities for first-time home buyers in 2020, according to the analysis:

  1. Grand Rapids, Mich.
  2. Henderson, Nev.
  3. Virginia Beach, Va.
  4. Boise, Idaho
  5. Fort Wayne, Ind.
  6. St. Petersburg, Fla.
  7. Omaha, Neb.
  8. Garland, Texas
  9. Gilbert, Ariz.
  10. Sioux Falls, S.D.

View the full list of top markets for first-time home buyers.

Source:
Best Cities for First-Time Home Buyers: 2020 Edition,” Smartasset.com (Oct. 6, 2020)
©National Association of REALTORS®
Reprinted with permission

Broomall PA Home 28 Lincoln Ln Broomall, PA 19008

Broomall PA Home 28 Lincoln Ln Broomall, PA 19008

  • 4 Beds
  • 2 Baths
  • 1,920 sqft
    $475,000
    Est. Mortgage $2,485/mo
Description about this home for sale at 28 Lincoln Ln Broomall, PA 19008

Stunning, move-in ready split-level home on a quiet street in the heart of Broomall. This property boasts 1,920 sq ft of luxurious above grade living space, four bedrooms, 2 full bathrooms, a paver patio, and a private half-acre lot backing to Newby Park. This home has been meticulously maintained and tastefully improved by the current owner. First floor features include living room with vaulted ceiling, triple casement window, and ceiling fan, adjacent dining room with another triple casement window, coat closet, and cased opening to the kitchen, hardwood floors throughout, and ample recessed lighting. The gourmet kitchen offers custom cherry cabinets, stainless steel appliances, tile backsplash, and granite countertop. Upstairs you’ll find a spacious main bedroom with two closets, two secondary bedrooms, and a recently renovated full hall bathroom. A short flight of stairs leads to the fourth bedroom currently being used for storage. The finished lower level has a large recreation room with a door to the rear paver patio, laundry room, and a full bathroom with tile floor, linen closet, and stall shower. Outside you’ll find extensive hardscaping (front walkway, retaining wall and steps along driveway, and rear paver patio), mature specimen plantings, and a level, private backyard with a gazebo and large storage shed. The garage cannot fit a car due to basement renovations but there is ample off-street parking on the driveway and in front of the home. This property is conveniently close to all major commuter routes, shopping, dining, parks, and is part of the Marple-Newtown School District.

Home Details on this home for sale at 28 Lincoln Ln Broomall, PA 19008
  • Single Family Home
  • $247/sqft
  • Lot Size: 0.51 acres
  • Built in 1958
  • 6 Days on Trulia
  • 8 Rooms
  • Rooms: Family Room
  • Heating: Other, Oil
  • Cooling System: Central
  • Air Conditioning
  • Washer
  • Dryer
  • Refrigerator
  • Microwave
  • Dishwasher
  • Disposal
  • Floors: Hardwood
  • Fireplace
  • Vaulted Ceiling
  • Ceiling Fan
  • Parking: Garage, Garage Attached
  • Garage
  • Parking Spaces: 4
  • Basement
  • Attic
  • Security System
  • Barbeque Area
  • Basketball Court
  • Cable Ready
  • Split-level Architecture
  • Stories: 2
  • Exterior: Vinyl
  • Roof: Asphalt
  • Year Updated: 2017
  • Patio
  • Lawn
  • MLS/Source ID: PADE529202
Public Records for this home for sale at 28 Lincoln Ln Broomall, PA 19008
  • 4 Beds
  • 2 Baths
  • 1,920 sqft
  • Single Family Home
  • 0.51 acres lot size
  • Built in 1958
  • County: Delaware
  • Basement: 17
  • Stories: 2.0
  • Construction Type: Stone

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about    this home for sale at 28 Lincoln Ln Broomall, PA 19008 and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas

Anthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 28 Lincoln Ln Broomall, PA 19008

Sea Isle City / Jersey Shore Home 142 42nd St Sea Isle City, NJ 08243

Sea Isle City / Jersey Shore Home 142 42nd St Sea Isle City, NJ 08243

  • 2 Beds
  • 2 Baths
  • 1,248 sqft
    $499,000
    Est. Mortgage $2,325/mo
Description about this home for sale at 142 42nd St Sea Isle City, NJ 08243

Here is an opportunity to build a new house in the heart of Sea Isle City. Located close enough to town for all of the conveniences, yet set back just far enough to provide a great neighborhood feel!

Home Details on this home for sale at 142 42nd St Sea Isle City, NJ 08243
  • Single Family Home
  • $400/sqft
  • Lot Size: 2,748 sqft
  • Built in 1930
  • 5 Days on Trulia
  • 7 Rooms
  • Rooms: Family Room, Laundry Room
  • Washer
  • Dryer
  • Microwave
  • Dishwasher
  • Disposal
  • Floors: Tile, Carpet
  • Double Paned Windows
  • Ceiling Fan
  • Parking: Off Street
  • Parking Spaces: 1
  • Attic
  • Storage
  • Additional Storage
  • Cable Ready
  • Queen Anne / Victorian Architecture
  • Exterior: Wood
  • Roof: Shake Shingle
  • Patio
  • Deck
  • Lawn
  • Garden
  • MLS/Source ID: 203924
Public Records for this home for sale at 142 42nd St Sea Isle City, NJ 08243
  • 2 Beds
  • 2 Baths
  • 1,248 sqft
  • Single Family Home
  • 2,748 sqft lot size
  • Built in 1930
  • County: Cape May
  • Stories: 0.0
  • Construction Type: Wood

 

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about    this home for sale at 142 42nd St Sea Isle City, NJ 08243 and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas

Anthony DiDonato
ABR, AHWD, RECS, SRES
, SFR
CENTURY 21 All-Elite Inc.

Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number
: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}

Direct Number: (610) 353-5366 {Smart Phones Click to Call}

Fax: (610) 771-4480

Email:
anthony@anthonydidonato.com
Call me for info on this home for sale at 142 42nd St Sea Isle City, NJ 08243

Best Places to Live in 2020

Best Places to Live in 2020

Fort Collins, Colo., is the best place to live in 2020, according to new rankings from Livability.com.

Each year, Livability.com ranks the 100 best places to live in America based on an analysis of more than 1,000 small to midsized cities on characteristics such as affordability, safety, economic stability, outdoor recreation, accessibility, and community engagement. This year’s survey also weighed an “opportunity score,” reflecting the city’s job offerings, economic resilience, and growth.

The following are Livability’s top 10 places to live in 2020:

  1. Fort Collins, Colo. (median home list price: $470,000)
  2. Ann Arbor, Mich. (median home list price: $473,000)
  3. Madison, Wis. (median home list price: $330,000)
  4. Portland, Maine (median home list price: $508,000)
  5. Rochester, N.Y. (median home list price: $147,000)
  6. Asheville, N.C. (median home list price: $508,000)
  7. Overland Park, Kan. (median home list price: $550,000)
  8. Fargo, N.D. (median home list price: $268,000)
  9. Durham, N.C. (median home list price: $369,000)
  10. Sioux Falls, S.D. (median home list price: $250,000)

See if your city made the list: View the full list of top 100 cities for 2020.

Source:
2020 Top 100 Best Places to Live,” Livability.com (2020)
©National Association of REALTORS®
Reprinted with permission