44% of Owners Dissatisfied With Home Since Pandemic The pandemic has prompted homeowners to reevaluate where they call home. Sears Home Services recently surveyed about 1,000 people nationwide on how they feel about home since the pandemic and the results show a growing dissatisfaction. Forty-four percent of respondents said they are less satisfied with their …
Category: News
Oct 01
Lowest Refinancing Rates Among Top Lenders
Lowest Refinancing Rates Among Top Lenders With mortgage rates hitting all-time lows in recent months, 75% of homeowners—or 19.3 million—could refinance and lower their monthly mortgage payments, according to data from Black Knight, a software and analytics firm for the mortgage and lending industry. That is the largest number of potential refinance candidates on record, Black Knight says. …
Sep 30
Thinking About Up sizing?
Check out these design tips to help create a great first impression when showcasing your home. 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
Sep 30
New-Home Sales Top the 1 Million Mark
New-Home Sales Top the 1 Million Mark Sales of newly built single-family homes in August reached their fastest pace since September 2006, the Commerce Department reported Thursday. They also attained another landmark: topping 1 million sales, to a seasonally adjusted annual rate of 1.01 million units. That marks a 43% jump when compared to last …
Sep 30
Home Improvement Is Good for Your Mental Health, Survey Says
Home Improvement Is Good for Your Mental Health, Survey Says The pandemic has inspired a wave of home renovations as owners are spending more time in their homes. And renovators say it’s been good for their mental health, according to a new study conducted by CouponFollow of more than 1,000 homeowners and renters about do-it-yourself …
Sep 28
Home Buyers Face Another Shortage: Appliances
Home Buyers Face Another Shortage: Appliances Dishwashers, refrigerators, washers and dryers, and other household appliances are low in stock nationwide, and some consumers are waiting months for their orders to be fulfilled. The backup is yet another problem you can blame on the COVID-19 pandemic. First, as consumers started hoarding food, there was a rush …
Sep 28
Number of Homeowners Live in HOA Communities
A new housing report shows 73.9 million Americans reside in a community with a homeowners association or condominium board. That is more Americans than ever, according to the Foundation for Community Association Research. California now leads the nation with 49,200 associations, followed by Florida, with 48,500; Texas, with 21,000; Illinois, with 18,800; North Carolina, with …
Sep 24
Homeowners Saw Average Equity Gain of $9,800 in Q2
Homeowners Saw Average Equity Gain of $9,800 in Q2 Homeowners are gaining wealth in the pandemic. The average homeowner gained about $9,800 in equity year over year in the second quarter, according to a new report from CoreLogic, a real estate data firm. “Homeowners’ balance sheets continue to be bolstered by home price appreciation, which …
Sep 23
How to Better Protect Homes Against Wildfires
How to Better Protect Homes Against Wildfires As wildfires rage in the West, scorching millions of acres and burning homes and businesses, researchers are investigating what more can be done to better protect homes against blazes. Researchers at the Insurance Institute for Business & Home Safety first determined what causes homes to ignite during a …
Sep 23
Buyers Waive Inspections to Avoid Delays
Buyers Waive Inspections to Avoid Delays The hot housing market is prompting an increase in waived home inspections. But while in the past it has been an option for buyer concessions, it’s now not always being done to make an offer more enticing in a bidding war. Home inspectors in some areas of the country …
Sep 23
Buy Now or Wait a Year?
If you have been considering buying a home, now is the time! 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
Sep 21
1M Delinquent Homeowners Haven’t Asked for Forbearance
1M Delinquent Homeowners Haven’t Asked for Forbearance Homeowners who have failed to take advantage of pandemic-related mortgage assistance may be at risk of losing their properties. A little more than a million owners nationwide are at least 30 days past due on their monthly payments and haven’t entered a forbearance program or engaged their lender …
