Dec 30
This tax season follow the three tips below to help you get into the home of your dreams! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast #PlymouthMeetingFM
Dec 30
The Most Popular Home Design Searches As the pandemic wears on, more homeowners are looking to spruce up their nests by searching for home design inspiration online. Houzz, a home remodeling and design resource site, recently analyzed the most popular home design searches of the year to determine the most popular trends during the …
Dec 29
Broomall Pa Home 6 Hawthorne Rd Broomall, PA 19008 3 Beds 1 Bath 1,140 sqft $315,000 Est. Mortgage $1,643/mo Description about this home for sale at 6 Hawthorne Rd Broomall, PA 19008 Welcome to 6 Hawthorne Road! This 3BR 1BA Cape home offers the best of both worlds. Tucked away in a neighborhood with a …
Dec 29
Mortgages Are Taking Longer to Close Mortgages are now taking an average of nearly two months to close as lenders face a surge in business spurred by low mortgage rates and high demand. The average time it took a mortgage to close in November was 55 days, according to Ellie Mae’s Origination Insight Report. The 55-day …
Dec 29
Stimulus Checks Are on the Way On Sunday night, President Donald Trump signed a $900 billion COVID relief package that authorizes rental assistance, stimulus checks to individuals for $600, loans for struggling small businesses, and more. The president had delayed signing the bill for several days after Congress approved the relief package early last week. …
Dec 29
Tough Being a First-Time Buyer Many first-time buyers are being priced out of the housing market as inventory shortages persist. Adding to the woes, home prices have risen annually by double-digit percentages. While home sales have increased during the pandemic, the market share of first-time buyers has mostly stayed the same. First-time buyers made up …
Dec 28
Overall Home Sales Rise Nearly 26% Some real estate pros are having their best year ever for home sales, despite the pandemic. Existing-home sales in November climbed 25.8% compared to last year, the National Association of REALTORS® reported Tuesday. Existing-home sales—completed transactions on single-family homes, townhomes, condos, and co-ops—did dip down by 2.5% in November …
Dec 28
Empty Hotels Are Being Reimagined as Tiny Apartments The hospitality industry has been hard hit in the pandemic, as shutdowns and the lack of travel have prompted a surge in vacancies. But investors are swooping in to buy hotels and reimagine them as more than just short stays. Instead, hotel conversions are becoming a bigger …
Dec 28
More Homeowners Lean on Forbearance An increasing number of homeowners’ mortgages are in forbearance as more owners take advantage of COVID-19 relief assistance from lenders before the end of the year. About 37,000 more mortgages were added to forbearance during the week ending Dec. 15, bringing the total to 2.787 million loans. That represents about …
Dec 23
Predictions for the 2021 Rental Market Many renters have transitioned into homeownership during the pandemic, and rental demand and prices are dropping in major cities like New York and San Francisco, ApartmentList reports. “The pandemic is likely to change the expectations and behaviors of renters for an extended period, as people grew accustomed to conducting …
Dec 23
Credit Tips when applying for a Mortgage Check out these six credit tips when applying for a mortgage! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast #PlymouthMeetingFM
