Equity Rich? How Does Your State Fare? One in four properties nationwide are “equity rich,” according to a new report released by real estate data firm ATTOM Data Solutions. To be considered as such, homeowners with financing must currently hold a mortgage that is 50 percent or less of the property’s estimated market value. As …
Category: Real Estate Tips
Aug 03
Fed Leaves Rates Alone But Hints at Future Hikes
Fed Leaves Rates Alone But Hints at Future Hikes The Federal Reserve decided Wednesday to hold off on raising its short-term interest rates. But it hinted that it likely will deliver its third interest rate increase of the year at its next meeting in late September. The Fed’s key rate does not have a direct …
Aug 02
Pennsylvania has one of the top 4 cities for home improvement loans
Pennsylvania has one of the top 4 cities for home improvement loans Pittsburgh Pennsylvania ranked #4 on the list of cities with the highest request and acceptances of home improvement loans by lenders. The report by lendingtree is a vital report to people looking to see what areas are upgrading their homes and making …
Jul 31
New Kitchens are what home buyers want most
New Kitchens are what home buyers want most New kitchens, in all white and some stainless are what the modern home owner is looking for. A home builder recently did a survey of new home buyers and white was fair and away the number one choice, followed by natural wood. The builder also asked …
Jul 30
Young America Push Home ownership higher
Young America Push Home ownership higher The U.S. home ownership rate posted another increase, reaching 64.3 percent in the second quarter, up a tenth of a percentage point from the first quarter, the Commerce Department reported this week. The rate has increased 0.6 percentage points over the past year. Younger Americans, specifically those under the …
Jul 27
Sales May Be in Trouble
Sales May Be in Trouble Sales of newly built single-family homes plunged to an eight-month low last month at a time when sales should be at their highest points of the year. New single-family home sales dropped 5.3 percent month-over-month in June to a seasonally adjusted annual rate of 631,000, the Commerce Department reported Wednesday. …
Jul 25
‘Baby Boomer Sell-Off’ Ignite Housing Crisis
‘Baby Boomer Sell-Off’ Ignite Housing Crisis Downsizing baby boomers who are leaving home ownership behind may send shock waves throughout the real estate market, two new studies warn. “Home ownership demand from younger generations is insufficient to fill the void left by multitudes of departing older owners,” according to Fannie Mae’s Economic Strategic Research group. …
Jul 24
A new customer review from Jovelyn A. about Anthony DiDonato Real Estate Agent
from Jovelyn A. regarding 7 Andrien Rd. Glen Mills, PA 19342. “I really believe that without Anthony DiDonato, we would not be in the home we now live in, that we really love. He was so communicative and proactive in the initial home viewing and bidding process that we were able to view the house …
Jul 24
A new Review from Zachary Anthony S. about Anthony DiDonato Real Estate Agent
from Zachary Anthony S. regarding 513 S. Academy Ave. Glenolden, PA 19036. “My father in law has used Anthony for nearly two decades. I really had no expectations and Anthony treated us like his own family. He went above and beyond to make sure that the purchase of our first home went smooth. He truly …
Jul 23
Do you have Sufficient Insurance to Cover Disasters
Do you have Sufficient Insurance to Cover Disasters Do you have the coverage on your home that is needed when situations come up that will cause you to call on your insurance company for help? Be it fire, flood or accidents, now is the time to check and see if you have sufficient insurance …