What People Love and Hate About Their Home From the paint colors to the layout and location, a person’s home can significantly impact his or her mental health, according to a new survey from Sears Home Services of more than 1,000 consumers. The survey found that the following property attributes contribute most to a person’s …
Category: Real Estate Tips
May 03
Intense Competition Leads to Fastest Sales Ever
Intense Competition Leads to Fastest Sales Ever Homes are selling in record time at an average of 43 days—20 days fewer than a year ago, according to realtor.com®’s latest Monthly Housing Trends Report. The market is experiencing Intense buyer competition, though inventory opened up slightly in April as more sellers started to list their homes. …
May 03
Mortgage Rates Remain Under 3% for Another Week
Mortgage Rates Remain Under 3% for Another Week Home buyers had another opportunity to snag ultra-low rates this week. The 30-year fixed-rate mortgage averaged 2.98%, Freddie Mac reports. “In light of the rising COVID-19 caseloads globally, U.S. Treasury yields stopped moving up a month ago and have remained within a narrow range as the …
Apr 28
Still Renting
Still Renting If you’re still renting now is the time to consider switching to become a homeowner! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610-322-4886) we might be able to turn that monthly rental check into your first home. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast #BuyNotRent
Apr 28
Homes With Pools Are Selling at a Premium
Homes With Pools Are Selling at a Premium Homes with pools have become the target of buyer envy since the pandemic began. Pool additions are soaring, and more house hunters say they want one in their backyard, according to HomeLight’s “Top Agent Insights for Spring 2021” report. Prior to the pandemic, many buyers were shunning …
Apr 27
This Market is HOT!!
Home prices are rising quickly, bidding wars are common, and housing shortages abound: It’s not easy to be a home buyer this spring. “I have been in the business for more than 30 years, and I’ve never seen a market this hot,” Glenn Brunker, president of Ally Home, told CNBC. Real estate pros are working …
Apr 27
New-home Sales Reach 15-year High
New-home Sales Reach 15-year High Buyers are increasingly turning to newly constructed homes for more options. Sales of new single-family homes surged 20.7% month over month in March to a 1.02 million seasonally adjusted annual rate, according to new data from the Department of Housing and Urban Development and the Census Bureau. New-home sales …
Apr 26
Million-Dollar Home Sales Outpace Those in Other Price Points
Million-Dollar Home Sales Outpace Those in Other Price Points Million-dollar listings are a hot commodity. The number of homes sold for more than $1 million jumped by 81% in February compared to a year earlier. Meanwhile, the number of homes sold for under $100,000 dropped 26% compared to a year ago, according to data from …
Apr 26
Housing Providers Struggle Under Eviction Moratorium
Housing Providers Struggle Under Eviction Moratorium Housing providers are increasingly facing hardships after months of missed payments from tenants due to pandemic-related struggles. Mom-and-pop owners—who account for about half of the nation’s rental property owners—may be among the hardest hit, but eviction moratoriums leave them with little recourse. The National Association of REALTORS®, along with …
Apr 23
Brands Builders Favor Most
Brands Builders Favor Most New and advanced product features, along with product quality, price, availability, and green or sustainable features are top priorities for contractors and builders in choosing which products to use in new homes or remodels. Builder Magazine released its annual Brand Use Study, which lists the top products used by builders, developers, …
Apr 22
How Much Home Can I afford?
How Much Home Can I afford? How much home can you afford? Knowing the factors that lenders take into consideration when you apply for a home loan is a smart first step. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we’ll determine the key factors that will affect …
