129 66th St. Sea Isle City, NJ. 08243 Listing courtesy of Annamarie Germanio – RE/MAX PREFERRED SEA ISLE $1,800,000 Est. Mortgage $10,951/mo*6 Beds5 Baths2500 Sq. Ft. Description about this home for sale at 129 66th St. Sea Isle City, NJ. 08243 The perfect location for a big family! 6 br 4.5 ba (or 5 br …
Tag: Anthony DiDonato
Jan 26
Stabilizing Economy Holds Key to Reviving Home Sales
October’s lower inflation rate is a welcome sign for a housing market that’s seen steady declines in 2022. A recent report showing that the rate of inflation declined in October is good news for the real estate industry, and possibly a bellwether of declining mortgage rates in coming months, Lawrence Yun, chief economist for the …
Jan 25
Hope for Turnaround After Contract Signings Fall Again
Pending home sales continued to fall in October as higher mortgage rates shook buyer confidence. Read more from NAR’s latest home sales report. Pending home sales fell for the fifth consecutive month in October as rising mortgage rates brought many housing markets to a halt. But now that rates show signs of stabilizing, economists say …
Jan 25
Delco / Broomall Home – 117 Harmil Road, Broomall, PA. 19008
117 Harmil Road, Broomall, PA. 19008 Listing courtesy of Chris Urbany – Walter M Wood Jr Inc. $425,000 Est. Mortgage $2,893/mo*3 Beds2 Baths1210 Sq. Ft. Description about this home for sale at 117 Harmil Road, Broomall, PA. 19008 Welcome to 117 Harmil Road! This charming 3-bedroom, 1.5-bathroom house is now available for sale. Situated in …
Jan 24
Sea Isle City / Jersey Shore Home – 23 38th St. #105, Sea Isle City, NJ. 08243
23 38th St. #105, Sea Isle City, NJ. 08243 Listing courtesy of Robert F. Baldini – FREDA REAL ESTATE $575,000 Est. Mortgage $3,715/mo*2 Beds1 Bath Description about this home for sale at 23 38th St. #105, Sea Isle City, NJ. 08243 Enjoy the sea breeze and sunshine from this 2 bedroom C-View1 first floor unit …
Jan 24
Real Estate Wins in Government Spending Package
The omnibus bill cleared Congress on Friday and now goes to President Joe Biden’s desk for his signature. Congress gave final approval Friday to a bipartisan bill to fund the government through Sept. 30, 2023, clearing the last major piece of legislation for the year. The bill now goes to President Joe Biden for his …
Jan 23
Cooling Inflation Boosts Home Affordability
As the economy improves, mortgage rates could dip as low as the 4% range, bringing buyers back to the market. The inflation rate has been calming in recent months, contributing to falling mortgage rates through the holidays. Consumer prices are still running well above the typical 2% inflation rate, but November’s level of 7.1% was …
Jan 23
Broomall / Delco Home – 393 Westfield Dr. Broomall, PA. 19008
393 Westfield Dr. Broomall, PA. 19008 Listing courtesy of Donna Marie Mccole – BHHS Fox & Roach Wayne-Devon $525,000 Est. Mortgage $3,562/mo*3 Beds2 Baths1676 Sq. Ft. Description about this home for sale at 393 Westfield Dr. Broomall, PA. 19008 Updated Lawrence Park split level with a large fenced-in yard now available! Many updates throughout including …
Jan 22
Sea Isle City / Jersey Shore Home – 5804 Landis Ave. #1, Sea Isle City, NJ. 08243
5804 Landis Ave. #1, Sea Isle City, NJ. 08243 Listing courtesy of Dustin Laricks – COMPASS RE – Sic $629,000 Est. Mortgage $4,108/mo*2 Beds1 Bath Description about this home for sale at 5804 Landis Ave. #1, Sea Isle City, NJ. 08243 Location-Location-Location! Close to the beaches and shopping of Sea Isle City. In this adorable …
Jan 22
End Rate Hikes
The Fed today would do well to consider the wisdom of Wayne Gretzky. Mortgage rates fell on the day Silicon Valley Bank went bankrupt. In times of panic, financial market investors seek out the safest asset. Nothing is more secure than U.S. government bonds; they will be paid. There are, however, interest rate risks that …
Jan 19
Good Time for Investors to Unload
As rental rates slow, owners may consider returning inventory to the market. Real estate investors have done well. Rents have risen and home price appreciation has been quite exceptional. In the past three years, the typical rental rate and typical home price have soared by 16.4% and 35.5%, respectively. Over the past five years, those …
Jan 19
Jersey Shore Home – 1229 Pleasure Ave #1, Ocean City, NJ. 08226
1229 Pleasure Ave #1, Ocean City, NJ. 08226 Listing courtesy of Maureen Schneider – BHHS FOX and ROACH-West Ave OC 3 Beds2 Baths Description about this home for sale at 1229 Pleasure Ave #1, Ocean City, NJ. 08226 Bright and airy 1st floor condo tucked away on Pleasure Avenue. With peeks of the bay this …