First-Time Buyers More Willing to Compromise. When it comes to space and upgrades, first-time home buyers are more willing to compromise than repeat buyers, according to the National Association of REALTORS®’ 2011 “Profile of Home Buyers and Sellers.” While they have big wish lists too, first-time buyers seem to be most driven by finding a …
Category: News
Jan 26
Fed Vows to Keep Rates Low Until 2014
Fed Vows to Keep Rates Low Until 2014 The Federal Reserve announced that short-term interest rates will likely stay near zero for nearly three more years, a move that is expected to spillover to long-term mortgage rates for home buyers and home owners. In August, the Fed had made a rare move to say it …
Jan 25
FHA May Ease Seller Concession Cap
FHA May Ease Seller Concession Cap Many in the real estate industry were concerned that a change announced last year to the maximum seller contributions allowed for Federal Housing Administration-insured loans could cause more deals to fall apart. The FHA announced last year that it would cut seller contributions from 6 percent to 3 percent …
Jan 24
Marple ( Broomall PA ) Welcomes Home Marine Anthony Procaccio
Members of the community in ( Broomall PA ) gave local marine Anthony Procaccio a proper “hero’s welcome” with an escorted motorcade from the Philadelphia airport to his home in ( Broomall PA ) on Jan. 20. ( Broomall PA )–After eight months of deployment in Afghanistan, local Marine Cpl. Anthony Procaccio, 23, returned back home, at …
Jan 23
EV Charging Station Opens to Public in Media, PA
EV Charging Station Opens to Public in Media, PA. MEDIA, PA (January 18, 2012) – Media’s first electric vehicle charging station opened to the public today at 11 S. Jackson Street, in the parking lot in back of the Media Firehouse. Media Borough is a friendly suburb of Philadelphia with a tree lined main street …
Jan 20
Winter Home Maintenance
Winterize Home Maintenance It may be cold outside, but it’s no time hibernate when it comes to home maintenance. Have you ever wondered how some friends or neighbors live in older homes that are still in good working order? This isn’t just a lucky coincidence. Houses require careful attention, especially in the Winter, in order …
Jan 19
Real Estate Marketing Strategies: Stop Being so Hard on Yourself
Do you have to be hard on yourself in order to succeed in your Real Estate Marketing Strategies? When I coach real estate agents in creating their multiple six-figure incomes, I often hear this misconception: “I need to be hard on myself in order to succeed.” When I ask about the origin of this belief, …
Jan 18
Relying On An Agent
Relying On An Agent The latest NAR Profile of Home Buyers and Sellers showed a growing trend among recent buyers. The latest figures show that 89 percent of buyers purchased their home with the help of a real estate or broker. This is a sharp increase from a decade ago in 2001, when only 69 …
Jan 17
Mortgage Rates Continue Trend of Record-Breaking Lows
In Freddie Mac’s results of its Primary Mortgage Market Survey®, it showed mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks. 30-year fixed-rate mortgage (FRM) averaged …
Jan 06
Lake Erie “Mod Pod” Listed for $19.5M; Was Drop Ceiling Inventor’s Shangri-la
Dobermans released every two hours to patrol the property. Underground streets lined with a restaurant, bars and a barber shop. A private beach and marina sculpted into the shores of Lake Erie. Helicopter pad. Rotating garage floor made of marble so no one had to back out that rare Ducati. These are just a few …
Jan 04
Real estate resolutions, predictions, wish lists for 2012: Part 2
Real estate resolutions, predictions, wish lists for 2012: Part 2 Industry professionals keep optimism alive By Inman News, Monday, January 2, 2012. Inman News asked readers to share their expectations for real estate’s top issues and trends in 2012, and to find out what tops their wish lists and to-do lists in the year ahead. …
Jan 03
Mushroom Home in Perinton, NY
For sale: $1,100,000 This whimsical construction in upstate New York was custom-built in 1971 and was designed to look like a stem of Queen Anne’s Lace, but due to its pod-like structure, it is most often referred to as the “Mushroom House.” Location: Perinton, NY (approximately 10 miles southeast of Rochester) Architecture style: “Pod” design …
