Signings Surge to Highest Rate Ever in December Pending home sales reached a record high for December last month as the unseasonable housing surge continued in markets across the country during the COVID-19 pandemic. Pending sales were up 21.4% year over year in December, reaching the highest reading for a December on the National …
Tag: News
Feb 02
Lumber, Building Material Costs Press on New-Home Prices
Lumber, Building Material Costs Press on New-Home Prices New-home sales tapered off at the end of 2020 as higher home prices offset some of the strong buyer demand seen earlier in the year. While sales of newly built single-family homes increased 1.6% in December, sales had been much stronger over recent months. New-home sales in …
Feb 02
30-Year Rates Inch Back Down This Week
30-Year Rates Inch Back Down This Week Mortgage rates headed back down this week, continuing to hover near all-time lows. “As the market reacts to a new administration in Washington and COVID-19-driven economic malaise, mortgage rates continued to decrease this week, just slightly,” said Sam Khater, Freddie Mac’s chief economist. Also, the Federal Reserve announced …
Feb 02
Growing Buying Segment May Offer You a New Niche
Growing Buying Segment May Offer You a New Niche Veterans are bullish when it comes to homeownership. A recent survey by Fannie Mae showed a slight decline in overall homebuying confidence among the American population, but among veterans, that confidence is growing. Indeed, 58% of veterans say they plan to buy a home within the …
Jan 27
Rent or Buy?
Rent or Buy? If you are looking for more stability now is a great time to start looking into buying a home! 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
Jan 26
Indoor House Plants to Consider for Your Staging
Indoor House Plants to Consider for Your Staging Plants can help brighten indoor spaces and may offer other mental and physical health benefits. As such, it’s no surprise indoor plants are one of the favorite accessories of home stagers. Research has linked indoor plants with reduced stress, increased productivity, and improved quality for the home’s …
Jan 26
City Rents Could Spawn Urban Resurgence
City Rents Could Spawn Urban Resurgence Interest in apartments in big cities has waned during the COVID-19 pandemic, while apartments in less dense areas have surged in demand. A new report from realtor.com® shows that major urban markets, such as San Francisco and New York, are posting double-digit price declines for one- and two-bedroom …
Jan 25
Broomall PA home – 418 Portland Dr Broomall, PA 19008
Broomall PA home – 418 Portland Dr Broomall, PA 19008 4 Beds 3 Baths 2,512 sqft $469,000 Est. Mortgage $2,406/mo* Description about this home for sale at 418 Portland Dr Broomall, PA 19008 Welcome to this truly unique home in coveted Lawrence Park! With a prior addition, this home boasts 4 beds, 2.5 baths and …
Jan 25
Some Buyers Going ‘Too Far’ to Win a Bidding War
Some Buyers Going ‘Too Far’ to Win a Bidding War Facing an upsurge in housing demand across the country, many home buyers are finding themselves in bidding wars for the limited inventory on the market. To win, buyers are trying to find ways to entice sellers beyond price—and at times are taking it too …
Jan 21
Housing Market Boom
Housing Market Boom Buyers beware: It’s a seller’s market and homeowners are holding firm on the price. More than half—or 52%–of about 1,000 real estate professionals recently surveyed believe the biggest challenge that home sellers will face in 2021 is the temptation to overprice their homes due to the hot market conditions. The homebuying frenzy …
Jan 20
Will You Be Moving Soon?
Will You Be Moving Soon? During your moving process you may have some questions on where to start. This checklist can help eliminate some of those questions! 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 …
Jan 19
Opendoor Struggles to Maintain iBuying Dominance
Opendoor Struggles to Maintain iBuying Dominance iBuyers offer a contactless method for selling a home, so why aren’t they booming during a pandemic that has made social distancing the norm? Sales for several iBuying platforms are way down. Opendoor, which started trading publicly on the stock market in December 2020, has seen its revenue fall …
