Feb 26
333 E 39th St. #1, Sea Isle City, NJ. 08243 Listing courtesy of Mary Dorman – COASTAL ELITE REALTY $1,399,999 Est. Mortgage $8,688/mo*5 Beds4 Baths1984 Sq. Ft. Description about this home for sale at 333 E 39th St. #1, Sea Isle City, NJ. 08243 Welcome to your dream beach townhome which is located in a …
Feb 26
365 47th PL. Sea Isle City, NJ. 08243 Listing courtesy of Marie Lepera – BHHS FOX and ROACH-Brigantine $3,150,000 Est. Mortgage $19,455/mo*Studio Description about this home for sale at 365 47th PL. Sea Isle City, NJ. 08243 NEW BAYFRONT BUILD-OUT OPPORTUNITY! Build your dream single family home or side-by-side townhome on this highly desirable lot …
Feb 23
The market has mostly priced in current and future Fed actions, so mortgage rates shouldn’t rise dramatically, says NAR Chief Economist Lawrence Yun. With skyrocketing inflation and mounting recession fears, the Federal Reserve made another aggressive move Wednesday, raising its benchmark rate by three-quarters of a percentage point for the second time this year to …
Feb 23
A housing slowdown precipitated by low inventory and rising mortgage rates will open opportunities for some buyers, NAR Chief Economist Lawrence Yun predicts. Even though national GDP contracted for the second quarter in a row and home sales have fallen for five straight months, property prices are likely to continue growing because of low inventory, …
Feb 23
20 Selwyn Dr. Broomall, PA. 19008 Listing courtesy of Stephen Tallon – KW Greater West Chester $650,000 Est. Mortgage $4,529/mo*4 Beds3 Baths2426 Sq. Ft. Description about this home for sale at 20 Selwyn Dr. Broomall, PA. 19008 Welcome to 20 Selwyn Dr! Take advantage of the opportunity to make this colonial in a great sought …
Feb 22
A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist. The country isn’t officially in a recession yet, despite two consecutive quarters of national contraction of the gross domestic product, a commonly cited indicator of an economic downturn, says Lawrence …
Feb 22
The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist. After weeks of escalating borrowing costs, home buyers are getting a second chance to lock in lower rates. The 30-year fixed-rate mortgage fell to an average just below 5% for the week ending …
Feb 22
415 Eldon Dr. Broomall, Pa. 19008 Listing courtesy of Kathleen A Carney – Compass RE Open House Sat 11 – 1 $499,999 Est. Mortgage $3,480/mo*3 Beds3 Baths1520 Sq. Ft. Description about this home for sale at 415 Eldon Dr. Broomall, Pa. 19008 Welcome to 415 Eldon Drive, an enchanting residence nestled in the heart of …
Feb 22
2588 Radcliffe Rd. Broomall, PA. 19008 Listing courtesy of John Mcaleer – Keller Williams Main Line $575,000 Est. Mortgage $3,991/mo*5 beds2 Baths2449 Sq. Ft. Description about this home for sale at 2588 Radcliffe Rd. Broomall, PA. 19008 A rare find & fantastic opportunity for an owner occupant or investor to own a turn key income …
Feb 21
Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist. Home buyers are having difficulty gauging opportunities to save on a property purchase as mortgage rates become more volatile. The average for the 30-year fixed-rate mortgage swung above 5% again …
Feb 21
NAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers. Inflation eased slightly in July, which could bode well for the housing market in the months ahead, says Lawrence Yun, chief economist for the National Association of REALTORS®. Overall, inflation slowed from 9.1% in June …
Feb 21
5724 Sounds Ave N #SEA, Sea Isle City, NJ. 08243 Listing courtesy of Jason Walawender – COMPASS RE – Sic $3,399,000 Est. Mortgage $20,898/mo*4 Beds4 Baths Description about this home for sale at 5724 Sounds Ave N #SEA, Sea Isle City, NJ. 08243 “Experience the pinnacle of coastal luxury at 5724 Sounds Avenue. This exquisite …
