Housing Starts Pick Up as 2021 Comes to a Close Buyers have been drawn to new-home construction as existing housing inventories remain lean. Builders have struggled to ramp up construction even more due to the high demand as building materials, labor, and lot shortages loom. However, builders say they’re building as much as they …
Tag: Anthony DiDonato
Dec 21
Are More Homeowners ‘House Poor’?
Are More Homeowners ‘House Poor’? Sixty-nine percent of about 1,000 homeowners recently surveyed say they felt “house poor,” a new study from research company ConsumerAffairs shows. Homeowners blame unexpected repair, maintenance, and upkeep costs as some of the reason why. But despite the rise in costs, nine in 10 still believe homeownership is worth it …
Dec 20
Havertown PA / Delco Home – 558 Wales Rd Havertown, PA 19083
Havertown PA / Delco Home – 558 Wales Rd Havertown, PA 19083 $369,900 Est. Mortgage $1,925/mo* 3 Beds 2 Baths 1148 Sq. Ft. Description about this home for sale at 558 Wales Rd Havertown, PA 19083 Welcome to 558 Wales Road in highly sought after Haverford Township. This beautifully remodeled twin home is ready for …
Dec 20
Fed Plans Rate Hikes to Manage Inflation
Fed Plans Rate Hikes to Manage Inflation The Federal Reserve said on Wednesday that it plans to have multiple rate increases in 2022 and will taper its monthly asset purchases at a quicker, much more aggressive pace than analysts originally anticipated. What could this mean for mortgage rates? CNBC reports “the days of rock-bottom rates …
Dec 20
Priorities of First-Time Buyers
Priorities of First-Time Buyers More first-time buyers hope to transition from renting to owning in 2022. After a challenging 2021, many are looking ahead to the new year for an opening in the market—one where competition may not be as tight as it has been this year. Aspiring first-time buyers are already actively looking: …
Dec 20
Credit Tips when applying for a mortgage
New loan limit news alert: Expand your home search criteria! Conventional loan limits for 2022 for single-unit properties have gone up 18% from $548,250 to $647,200. To understand how you benefit from this update, let’s talk. With the help of myself and John Coneys of RoundPoint Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying …
Dec 15
Havertown / Delco Home – 66 Upland Rd Havertown, PA 19083
Havertown / Delco Home – 66 Upland Rd Havertown, PA 19083 $450,000 Est. Mortgage $2,327/mo* 4 Beds 3 Baths 1954 Sq. Ft. Description about this home for sale at 66 Upland Rd Havertown, PA 19083 Located on a quiet street in the heart of Havertown sits this charming four-bedroom, two-and-a-half-bath Colonial home awaiting your personal …
Dec 15
Misconceptions About a Seller’s Market
Misconceptions About a Seller’s Market The housing market is hot, but some homeowners may overestimate just how hot it is when they go to sell. Real estate professionals shared with realtor.com® a few unrealistic expectationss that some of their sellers have had, such as that their home has doubled in value since they bought it …
Dec 15
Fewer Homes Affordable to Those Who Earn $100K
Fewer Homes Affordable to Those Who Earn $100K Rising home prices and shrinking inventories are pressing on affordability, the National Association of REALTORS® reports. Home buyers are struggling to find a home to buy—and one they can afford. The share of homes available and affordable for a household earning $100,000 has fallen considerably over …
Dec 14
Broomall / Delaware County PA Home – 9 Allison Dr Broomall, PA 19008
Broomall / Delaware County PA Home – 9 Allison Dr Broomall, PA 19008 $549,900 Est. Mortgage $2,843/mo* 3 Beds 3 Baths 2550 Sq. Ft. Description about this home for sale at 9 Allison Dr Broomall, PA 19008 Perfectly situated Single home on a cul-de-sac lot in desirable Broomall. Inviting floor plan with nice sized rooms …
Dec 14
High Inflation Is Affecting Real Estate
High Inflation Is Affecting Real Estate Rising inflation is pressing on Americans across the economic spectrum with costs for groceries to gasoline increasing. In November, consumer prices increased by 6.8% compared to a year ago, the largest annual gain in the past 40 years. Some of the highest increases occurred for energy, shelter, cars, and …
Dec 14
The Advantages of homeownership
Check out these helpful credit tips! With the help of myself and John Coneys of RoundPoint Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #PlymouthMeetingRP
