Nov 11
When figuring out how much home you can afford there are three factors to take into consideration: Debt-to-income-ratio, Credit score and Down payment requirements. 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 …
Nov 10
Sellers Stand to Gain More Equity This Winter With low housing inventories and high buyer demand, home sellers are expected to continue to command higher home prices this winter—an unseasonable trend in the housing market. “Sellers will have the ball in their court, so to speak, as there are more buyers than sellers,” says Danielle …
Nov 10
The Real Estate Debate Over TV Placement Watch your TV placement when staging a home. Real estate professionals faced with the issue are divided over where in the living room a TV should go—or even whether it belongs there at all. Hayley Westoff, a Compass real estate professional, told Apartment Therapy that if the TV …
Nov 09
Could Election Uncertainty Impact Mortgage Rates? Mortgage rates hit record lows in 2020, but how will the outcome of this year’s election impact rates? A replay of the post-election increase in 2016 could happen, mortgage experts say. In 2016, the average 30-year fixed-rate mortgage went from 3.47% in October to 4.2% in December. However, once …
Nov 09
Relief May Come Soon on New-Home Prices, Builders Say Rising lumber prices have been pushing up the cost of new homes, but relief could be on the way, according to a new report from Zonda, the research firm formerly known as Meyers Research. Lumber futures are showing signs of falling, say builders recently surveyed by Zonda. …
Nov 05
Housing Market Likely Won’t Cool in Winter While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year. Lawrence Yun, chief economist of the National Association of REALTORS®, says “it will be one of the best winter sales years ever.” Low inventories combined with high demand …
Nov 04
Right now, is a great time to buy or sell a home! If you have been thinking about buying or selling, see below why having a real estate agent and licensed mortgage professional can help make the process less challenging! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) …
Nov 03
Zombies Lurk in Real Estate, Even With Safety Nets in Place Abandoned foreclosures labeled as “zombies” still haunt some housing markets even as moratoriums to stop home seizures during the pandemic remain in effect. While the number of “zombie foreclosures” has shrunk drastically during the COVID-19 outbreak, some homeowners who may be missing out on …
Nov 03
Super Low Mortgage Rates Sticking Around © REALTOR® MAGAZINE The 30-year fixed-rate mortgage continued to hover near its all-time low this week, as economists predict that historically low rates will likely remain into 2021. The 30-year fixed-rate mortgage averaged 2.81% this week, up slightly from last week’s 2.80%, which was the lowest ever in …
Nov 02
CommercialCafe, a listing site for commercial real estate, says it registered a record number of website visits—even surpassing pre-pandemic records—as online interest in office space surged in August and September. Google searches are showing the same. Commercial real estate-related terms are nearing pre-pandemic levels, according to Google Trends. Terms such as “office space for rent” …
Nov 02
Patio Heaters Are the ‘New Toilet Paper’ Fast Company is calling patio propane heaters the “new toilet paper” of pandemic sales. That’s because heaters are flying off store shelves at record speeds as homeowners look to extend their outdoor spaces amid cooler weather in many locales. The pandemic has prompted greater interest in home outdoor space …
Oct 29
What Will Homes Be Worth in 10 Years? Homeowners are watching their home values climb significantly this year, and prices are expected to continue to appreciate over the next decade. The National Association of REALTORS® reported that the median existing-home price for all housing types in September was $311,800—a 14.8% increase compared to a year …
