Home Refinancing Demand Slips to 2-Year Low as Rates Rise. Mortgage rates are on the rise, prompting fewer home owners to refinance their mortgages, but the increase doesn’t appear to be deterring home buyers yet. The lower Home Refinancing demand caused overall mortgage applications to drop 2.6 percent last week, the Mortgage Bankers Association reported Wednesday. …
Tag: Anthony DiDonato
Jul 18
Home Builders Haven’t Felt This Upbeat Since 2006
Home Builders Haven’t Felt This Upbeat Since 2006 Home Builders continue to feel more optimistic about the direction of the recovery for newly built single-family homes. Home Builders confidence rose six points in July to 57, according to the National Association of Home Builders/Wells Fargo Housing Market Index. Any number above 50 indicates more builders view conditions …
Jul 17
Century 21 ranks in the top three in Customer Satisfaction
Century 21 ranks in the top three in Customer Satisfaction Prudential Real Estate ranked the highest in customer satisfaction in three out of four home buyer and seller segments, according to the latest J.D. Power Home Buyer/Seller Satisfaction study of the nation’s largest real estate companies. Rankings for home-buying satisfaction are based on four factors: …
Jul 17
‘Boomerang Home Buyers’ Are Staging a Comeback
‘Boomerang Home Buyers’ Are Staging a Comeback “Boomerang Home Buyers”—former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years and are saving up for a down payment to purchase a home again—are coming back. They’re expected to flood markets in some of the hardest hit areas for …
Jul 16
5 Cities Where Salaries Are Rising Most
5 Cities Where Salaries Are Rising Most On average, U.S. employees saw a 2.5 percent rise in their wages in the past year. But in some places of the country, workers are seeing even larger increases to their pay. These are the five cities seeing the largest pay hikes: San Francisco: a 4.3 percent pay …
Jul 15
Underwater Home Owners Not Being Held Back, Study Says
Underwater Home Owners Not Being Held Back, Study Says Underwater home owners are willing to move, despite losing money on their homes, new research shows. In fact, home owners who owe more on their mortgage than their home is currently worth are more willing to move away if a job opportunity arises than even home …
Jul 15
Mortgage Rates Continue to Rise, Fed Eases Fears
Mortgage Rates Continue to Rise, Fed Eases Fears Mortgage rates moved higher again this week as speculation continued about whether the Federal Reserve will end its future bond purchases, which have kept rates at historical lows, Freddie Mac reports in its weekly mortgage market survey. But remarks by Federal Reserve Chairman Ben Bernanke on Wednesday …
Jul 15
Foreclosures at Lowest Level in 7 Years
Foreclosures at Lowest Level in 7 Years In June, lenders initiated 57,286 foreclosures — the lowest level for any month in 7.5 years, RealtyTrac Inc. reported Thursday. Foreclosure starts are at an 800,000 pace for this year, down from 1.1 million last year. The housing market continues to pick up nationwide, and the drop in …
Jul 12
721 Bobbin Mill Rd Media, PA 19063 home for sale Delaware County
721 Bobbin Mill Rd Media, PA 19063 home for sale Delaware County. 3 bed / 3 bath 2,094 sqft Single-Family Home $449,900 Home for sale at 721 Bobbin Mill Rd Media, PA 19063. Location! Location! One Floor Living At Its Best! Beautiful Ranch Home surrounded by mature trees and plantings offering a Serenity of Your …
Jul 12
39 Pleasant Rd Broomall, PA 19008 home for sale Delaware County
39 Pleasant Rd Broomall, PA 19008 home for sale Delaware County. 2 bed / 1 full bath 1,050 sqft Single-Family Home $210,000 1-Story,Detached, Rancher home for sale at 39 Pleasant Rd Broomall, PA 19008 Home for sale at 39 Pleasant Rd Broomall, PA 19008. Great location! Wonderful 2 bedroom Ranch in desirable Marple Gardens. Spacious …
Jul 11
244 Hastings Blvd Broomall, PA 19008 home for sale Delaware County
244 Hastings Blvd Broomall, PA 19008 home for sale Delaware County. 3 bed / 1 full, 1 partial bath 1,850 sqft Single-Family Home $339,900 Detached,Split/MultiLevel, Colonial home for sale at 244 Hastings Blvd Broomall, PA 19008 Home for sale at 244 Hastings Blvd Broomall, PA 19008. Meticulously maintained 3 Bedroom 1.1 Bath Split Level …
Jul 11
314 Columbia Pl Broomall, PA 19008 home for sale Delaware County
314 Columbia Pl Broomall, PA 19008 home for sale Delaware County. 3 bed / 1 full, 2 partial bath 1,725 sqft Single-Family Home $349,000 Single Family/Detached home for sale at 314 Columbia Pl Broomall, PA 19008 Home for sale at 314 Columbia Pl Broomall, PA 19008. Beautifully remodeled split level in very desirable location! …