Mar 11
Pre-Approval Puts you in Control Getting a pre-approval before looking at those dream homes puts you in control. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can get you ahead of the homebuying crowd and show that you are a serious buyer. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast …
Mar 11
Where Homeownership Is Leading to the Largest Wealth Gains A home often represents about 90% of the total wealth of a household. Homeownership often has long been pointed to as a way to build wealth over the long run. It also could help narrow racial income and wealth inequity gaps, writes Gay Cororaton, senior economist …
Mar 10
Keep Phone Calls With Clients Short Phone calls are still good for business. They can leave both participants feeling more emotionally connected to the other than a simple text exchange can. Also, studies show that a phone call is better at detecting emotional nuances and misunderstandings than video calls, even though you’re relying on voice alone. …
Mar 10
Is the new Workweek 3 Days In, 2 Days Out? Many workers want to continue to work from home, even when the pandemic is over. A new survey from JLL of 2,000 employees globally found that 72% want to be able to work from home more during the workweek, up considerably from 34% before the …
Mar 09
As more of the country breathes a sigh of relief as temperatures rise and the countdown to spring shortens, there’s a weather-related concern that remains. Melting snow followed by a cold snap—which is on the way for many parts of the country in the coming week—may cause ice dams to develop and bring a cascade …
Mar 09
Mortgage Rates Top 3% Home buyers may not be happy: The 30-year fixed-rate mortgage topped the 3% threshold, averaging 3.02% this week, Freddie Mac reports. Despite the uptick, economists note that mortgage rates remain near historical lows. Since reaching an all-time low in January, mortgage rates have risen by more than 30 basis points, “and …
Mar 08
Fewer Homes for Sale This Year In Denver, real estate pros are reporting that some listings are seeing more than 100 showings in one weekend and are then receiving more than 20 offers. Buyers are being told to expect going 20% above the list price if they want a home. Markets across the country are reporting …
Mar 08
Counties With the Highest Share of First-Time Buyers The pandemic has ushered in a wave of first-time home buyers. But it may not be entirely prompted by the pandemic: Millennials are now the largest cohort of the population and were already starting to settle down before COVID-19. The median first-time home buyer age is 32. …
Mar 03
Calculating your Debt-To-Income ratio (DTI) is one of the simplest ways to get a handle on your financial health. If you’re planning to purchase a home, John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) and I can help you find out how that high-volume of spending could affect your DTI! #RealEstate #Realtor #HomePurchase #BuyersMarket …
Mar 03
Hot Spots for Winter Vacation Homes Properties in ski towns may offer a big income stream for second-home buyers. After all, vacation homes have been trending during the pandemic, whether it’s a home in a cold- or a warm- weather locale. Second-home sales jumped 44% in 2020, according to data from the National Association of …
Mar 03
Federal Judge Rules Eviction Ban Unconstitutional A federal judge in Texas has ruled that the Centers for Disease Control and Prevention’s eviction moratorium is unconstitutional, a decision that could set legal precedent and have a sweeping effect on housing providers across the country. Under the moratorium, which President Joe Biden has extended through March, housing providers …
Mar 02
Interior Designer Real estate pros touring homes with buyers may find another person in the mix. Some home buyers are bringing an interior designer on home tours, seeking their feedback on how properties may be renovated to fit their design tastes. As home prices surge, buyers may consider homes whose conditions bring a lower listing …
