Dec 09
Get on Your Way to Home Ownership Getting started on your path to home ownership means having the right materials ready. See the list below with the materials you need to provide. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you …
Dec 08
Another Record Low for Mortgage Rates Mortgage rates are on a continuing streak of record lows. For the fourteenth time this year, the 30-year fixed-rate mortgage averaged its lowest on record: 2.71%, Freddie Mac reports. The previous record low of 2.72% was set just last month. Could home buyers be starting to take the low …
Dec 08
FHFA Extends Foreclosure, to Jan. 31 The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction moratoriums for borrowers with Fannie Mae or Freddie Mac-backed mortgages until at least Jan. 31, 2021. The protections were put in place due to the COVID-19 pandemic. This is the fourth time that the FHFA …
Dec 07
Renters Can Afford to Buy a Home The number of renters who can afford a home has increased over the past two years, but achieving homeownership is still difficult for renters in saving up for a down payment, according to a recent post at the National Association of REALTORS®’ Economists’ Outlook blog. Thirty-eight percent of …
Dec 07
Sellers Cool on Instant Offers as iBuyers Pull Back As iBuyers resume operations, they’re finding less sales activity coming their way as the housing market sees booming sales from consumers. Many iBuyers paused home purchases in mid-March as the COVID-19 outbreak began in the U.S. While most reopened over the summer, their sales levels are …
Dec 03
Do Open Houses Still Have a Bright Future? Technology has changed the way many buyers shop for homes during the pandemic. As social distancing measures remain in place, the in-person open house has been put on hold in many markets. That has prompted some real estate professionals to believe open houses may become a thing …
Dec 02
Road to Freedom – Buying a home. Thinking about buying a home? Check out this roadmap from start to finish so you know what to expect during your homebuying process! 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 …
Dec 01
15 Cities With the Lowest Costs of Living With nearly half of Americans planning a move to reduce living expenses, according to a new study, many will be targeting cheaper towns. Move.org researched rent prices, utility costs, gas prices, and internet rates in the 75 largest U.S. cities to find the most affordable areas in …
Dec 01
What Real Estate Has to Be Grateful For in 2020 No doubt, 2020 has been a uniquely challenging year. With unemployment still above pre-pandemic levels, the country coming to terms with longstanding racial inequities, Americans worrying about natural disasters and coming off a contentious national election, and the COVID-19 pandemic still raging, people are searching for reasons to feel gratitude this Thanksgiving. The …
Nov 30
Top New-Home Markets More buyers are being drawn to new-home construction during the pandemic. Construction of single-family homes last month soared to the highest level since the spring of 2007. New-home construction is up 8.6% from a year ago, the Commerce Department reported last week. The top performing new-home markets in October were Raleigh. N.C.; …
Nov 30
Americans Plan Move to Reduce Costs Nearly half of more than 2,000 Americans recently surveyed say they plan to move soon to reduce living expenses, according to a new survey from LendingTree. Forty-six percent of respondents say they plan to relocate within the next year. The pandemic has motivated more Americans to consider a move. …
Nov 25
Pre-Approval Puts you in control Becoming preapproved early is important so we can be sure to show you homes within your budget and goals. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) you’ll have the information and confidence in your home buying decisions. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast …
