Oct 28
Credit and what to expect during the loan process Your credit is very important when applying for a mortgage. Follow these tips on what to except and what to avoid. 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 …
Oct 27
Options in Sight for Home Buyers Buyers are up against a limited number of homes for sale available on the market. They continue to quickly pounce on whatever is available. The National Association of REALTORS® reported Thursday that existing-home sales in September were up 21% year over year. Home prices jumped 14.8% last month too, averaging …
Oct 27
Mortgage Rates Hit Record Low—Again © REALTOR® MAGAZINE The 30-year fixed-rate mortgage hit its 11th record of the year this week, averaging 2.80%—the lowest rate ever recorded by Freddie Mac. “Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so,” says Sam Khater, …
Oct 26
FHA Extends Forbearance Options Until End of Year Single-family homeowners with FHA-insured mortgages who are struggling financially amid the pandemic now have through Dec. 31 to submit an initial forbearance request. The U.S. Department of Housing and Urban Development announced this week that it’s extending the deadline, originally set for Oct. 30, for those needing to make an …
Oct 26
Revenue Potential of Parking Lots Large retail parking lots may not traditionally reap profits, but retail landlords these days are finding new ways to turn those large outdoor areas into something that can. Shopping malls and parking garages are opening their space to events such as haunted houses, open-air stores, job fairs, drive-through COVID-19 testing, drive-in movies, …
Oct 22
Are Low Mortgage Rates to Blame for High Home Prices? Double-digit price increases for homes are not exactly what most people in real estate predicted to occur in a recession. But could low mortgage rates—the 30-year fixed-rate mortgage hit a record-low average of 2.81% last week—be partially to blame? “The combination of what could …
Oct 21
How much can you afford? Well that all depends on your Debt-to-income ratio, your credit score and your down payment requirements. These factors are crucial to know when exploring the 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 …
Oct 20
Body Language Rules When You’re Wearing a Mask It’s harder to show your personality when half your face is covered. Masks can conceal your expressions, muffle your speech, and create misunderstandings between you and those you’re talking to. But masks are essential when meeting with clients. “I felt muzzled,” Learka Bosnak, a sales associate with …
Oct 20
Inventory Uptick Signals More Confident Sellers More homes are gradually coming onto the market in a hopeful sign that homeowners may finally be warming up to the idea of selling, according to data from realtor.com®’s latest Weekly Housing Report. An incremental uptick in available inventory is welcome news to home buyers struggling to find a …
Oct 19
16 Million People Have Moved During the Pandemic The pandemic has sparked Americans to relocate in large numbers. From February through July, more than 15.9 million people filed change-of-address requests with the United States Postal Service. Twenty-eight percent of nearly 10,000 adults recently surveyed by the Pew Research Center said the most important reason they …
Oct 19
Places to Retire in 2020 Florida dominates this year’s “Best Places to Retire in 2020” from U.S. News & World Report “in a way that we haven’t seen in years before,” says Emily Brandon, U.S. News & World Report’s senior editor for retirement. Brandon says Florida is drawing more retirees due to the state’s affordable …
Oct 15
Pet Peeves Drive Bathroom Renovations A top pet peeve of homeowners: an old or outdated space in the owner’s suite bathroom. It has sparked a wave of renovations of the space, according to the 2020 U.S. Houzz Bathroom Trends Study, reflecting nearly 1,600 homeowners in the midst of or planning a remodeling project for an …
