Home Equity Hits Record High Housing equity surged nearly 40% compared to a year ago and is at a record high, according to a new report from Black Knight, Inc. The average mortgage holder now has $173,000 in equity. That marks an increase of $20,000 just from the end of the first quarter, the …
Tag: Anthony DiDonato
Sep 09
Broomall PA / Delco Home – 620 Paxon Hollow Rd Broomall, PA 19008
Broomall PA / Delco Home – 620 Paxon Hollow Rd Broomall, PA 19008 $424,900 Est. Mortgage $2,162/mo* 4 Beds 2 Baths 1665 Sq. Ft. Description about this home for sale at 620 Paxon Hollow Rd Broomall, PA 19008 Welcome to 620 Paxon Hollow Road in Broomall. This charming 4 BDRM 1.5 bath extended stone-front …
Sep 09
Consumer Confidence Inches Up
Consumer Confidence Inches Up The housing market is showing some sings of cooling, which may be making more home buyers more optimistic in a competitive market. Thirty-two percent of consumers said in August it’s a good time to buy, up from 28% in July, according to Fannie Mae’s National Housing Survey, a survey of …
Sep 08
Jersey Shore / Sea Isle City Home – 7730 Roberts Ave Sea Isle City, NJ 08243
Jersey Shore / Sea Isle City Home – 7730 Roberts Ave Sea Isle City, NJ 08243 $4,500,000 Est. Mortgage $19,647/mo* 5 Beds 4 Baths 2763 Sq. Ft. Description about this home for sale at 7730 Roberts Ave Sea Isle City, NJ 08243 RARE SOUTHEND BAYFRONT SINGLE FAMILY OPPORTUNITY-with WEST FACING EXPANSIVE BAY AND SUNSET VIEWS …
Sep 08
The State of Flood Insurance
The State of Flood Insurance Those who live in areas hit by Hurricane Ida will next face the challenge of navigating insurance. Many standard home insurance and home-rental policies don’t cover flood insurance. Flood insurance is usually a separate policy. About 40% to 50% of the flood damages from Hurricane Ida are covered by …
Sep 08
Media PA / Delaware County Home – 91 Talbot Ct Media, PA 19063
Media PA / Delaware County Home – 91 Talbot Ct Media, PA 19063 $309,900 Est. Mortgage $1,745/mo* 2 Beds 4 Baths 1944 Sq. Ft. Description about this home for sale at 91 Talbot Ct Media, PA 19063 Units like this do not come along everday! This corner end unit is situated in a prime lot …
Sep 08
Broomall PA / Delco Home – 123 Deerfield Rd Broomall, PA 19008
Broomall PA / Delco Home – 123 Deerfield Rd Broomall, PA 19008 $469,900 Est. Mortgage $2,411/mo* 4 Beds 3 Baths 2357 Sq. Ft. Description about this home for sale at 123 Deerfield Rd Broomall, PA 19008 Sought after Bryn View Estates sprawling split level on wooded private lot. Welcoming entrance foyer with coat closet, elegant …
Sep 08
Job Growth May Fuel Higher Mortgage Rates
Job Growth May Fuel Higher Mortgage Rates Mortgage rates remain below 3% for the eighth consecutive week, but economists believe job growth will determine how much longer they’ll likely stay so low. The 30-year fixed-rate mortgage averaged 2.87% this week, Freddie Mac reports. “Job growth seems to be very critical for the following several months …
Sep 08
FHFA Gives Buyers Wider Advantage Over Investors
FHFA Gives Buyers Wider Advantage Over Investors The Federal Housing Finance Agency announced that it was extending the time that owner-occupants can view and purchase foreclosure listings over investor competition. Individuals, families, and nonprofits now have 30 days—up from 20 days—to exclusively bid on real-estate-owned properties under Fannie Mae and Freddie Mac’s First Look …
Sep 08
Listings Jump 5.1%
Listings Jump 5.1% More homeowners are listing their homes for sale, which is opening up options for anxious home buyers who have faced fierce competition the last few months over a limited housing stock. New listings rose 5.1% in the 50 largest metros. The largest increases were in Columbus, Ohio (up 25.6%); Louisville, Ky. (up …
Sep 08
Americans Want Distance From Neighbors
Americans Want Distance From Neighbors Americans want more social distance from their neighbors. A new Pew Research Center study finds a shift in home preferences since the pandemic with more consumers saying they want a larger home, even if it means local amenities are further away. That marks a shift from 2019 when more Americans …
Sep 01
Sea Isle City / Jersey Shore Vacation home – 35 52nd St #WEST Sea Isle City, NJ 08243
Sea Isle City / Jersey Shore Vacation home – 35 52nd St #WEST Sea Isle City, NJ 08243 $1,595,000 Est. Mortgage $6,991/mo* 4 Beds 4 Baths 2100 Sq. Ft. Description about this home for sale at 35 52nd St #WEST Sea Isle City, NJ 08243 BEACH BLOCK-OCEAN VIEWS-GREAT LOCATION- This 4 bedroom/4 full bath townhome …
