New-Home Prices Hit Record High The median price for a new single-family home reached a record high in May of $345,800, the Commerce Department reports. Buyers will be paying a huge premium for new construction, as new-home prices are now 16.8 percent higher than they were a year ago. So far, however, the higher …
Category: News
Jun 26
Home Security tips from OOMA Home Security
Home Security tips from OOMA Home Security Summer time is one of the largest times for home break ins. Omma home security has offered a few sound advice ideas for you to keep your home, family and valuables safe while you are away for vacation or even just at work during the summer …
Jun 23
12M Consumers May Get Credit-Score Boost
12M Consumers May Get Credit-Score Boost The three largest credit-reporting agencies will begin cleaning up credit reports in July, which could help lift the credit scores of about 12 million consumers. In a survey by the Federal Trade Commission, one in four people say they spot errors in their credit reports, most commonly concerning tax …
Jun 22
Steadier Mortgage Rates Buoy Loan Demand
Steadier Mortgage Rates Buoy Loan Demand Mortgage applications for refinancing and home purchases remained elevated last week as mortgage rates continued to give consumers incentive to make a move. “Both the 10-year Treasury yield and the 30-year conventional mortgage fixed rate held steady last week, keeping rates well below the recent highs,” says Lynn …
Jun 21
Teardowns Account for More New Homes
Teardowns Account for More New Homes More than 10 percent of new single-family homes that began construction in 2016 were part of a teardown project, according to new data from the National Association of Home Builders. That’s up from 7.7 percent in 2015. NAHB defines a teardown as a home that is built on …
Jun 20
Equity Gains Shut Out Would-Be Buyers
Equity Gains Shut Out Would-Be Buyers Homeowners nationwide have doubled their equity since 2009. While that’s good news for those who already own, prospective buyers say increases in home values—which lead to higher prices—are making it more difficult for them to break into home ownership. Challenges to housing affordability will not be solved soon because …
Jun 19
Why Your Clients Are Smart to Buy in Summer
Why Your Clients Are Smart to Buy in Summer Summertime in the housing market brings countless buying and selling opportunities. But with all the competition out there, would your clients be better off waiting a few months? Real estate experts say no. They contend home prices peak from June to August and say there …
Jun 16
Zero-Down Loans Making a Comeback
Zero-Down Loans Making a Comeback Your buyers may soon be able to bring less to closing. They were blamed for precipitating the housing crisis years ago, but major lenders are giving no- and low-down payment loans another shot. Several major lenders are reportedly offering loans with just 1 percent down. Navy Federal, the nation’s …
Jun 14
How Long Does It Take to Get a Mortgage?
How Long Does It Take to Get a Mortgage? Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to the documentation required, third-party verification, and the independent appraisal process,” says Whitney Fite, president …
Jun 13
How to Get Noticed on Social Media
How to Get Noticed on Social Media Forbes columnist Jayson DeMers offers the following tips to get more visibility from your social media posts, maximize your outreach, and increase your followers. Leverage influencers: Get people who already have high visibility on social media to share your posts. Target influencers within the industry and …
Jun 12
A great testimonial from another satisfied customer for Anthony DiDonato Real Estate
from Rita M. regarding 740 Primos Ave. Primos, PA 19018. (06/09/2017) “Anthony is a true professional. He understood that we were selling our Mother’s house because she recently passed away. He was very knowledgeable and compassionate and made our sale go smoothly. I would recommend him to anyone looking to sell or buy a home.“
Jun 09
Celebrating Frank Lloyd Wright’s 150th Birthday
Celebrating Frank Lloyd Wright’s 150th Birthday June 8 marks the 150th birthday of Frank Lloyd Wright, the legendary architect who continues to have a lasting footprint on the styles of residential homes, museums, churches, commercial buildings, and more. Wright is credited as creating four major design styles during his career: Prairie, Textile, Organic, and …