Most Popular Home Updates During the Pandemic Many Americans turned their attention to their homes during the pandemic. Home improvement big-box retailers reported a swarm of traffic as homeowners looked to spruce up their nests while sheltering in. What were homeowners working on? Outdoor spaces were fueling much of the demand, according to Houzz, …
Tag: News
Aug 12
Home Prices Rise, More Owners Become ‘Equity Rich’
Home Prices Rise, More Owners Become ‘Equity Rich’ Despite the pandemic, home values continued to climb in the second quarter, with 15.2 million residential properties in the U.S. considered “equity rich,” according to a new report from ATTOM Data Solutions, a real estate data firm. That means the combined estimated amount of loans secured by those …
Aug 11
New Record Low for 30-Year Mortgage Rate: 2.88%
New Record Low for 30-Year Mortgage Rate: 2.88% For the eighth time this year, the 30-year mortgage rate hit an historic low. Home buyers and refinancing homeowners could now potentially lock in the lowest rates Freddie Mac has recorded since it began tracking such data in 1971. “The resilience of the housing market continues as …
Aug 10
Mortgage Applications Are 22% Higher Than a Year Ago
Mortgage Applications Are 22% Higher Than a Year Ago Mortgage applications to purchase a home are 22% higher than a year ago, but last week applications did dip compared to the previous week. Purchase applications week to week were down 2% even as mortgage rates remain near record lows, the Mortgage Bankers Association reported Wednesday. …
Aug 07
Appraisers Struggle to Manage Skyrocketing Demand
Appraisers Struggle to Manage Skyrocketing Demand As record low mortgage rates prompt a wave in both home buying and refinancing, appraisers may be having a tough time keeping up: Lenders are reporting turnaround times for appraisals are increasing and, as a result, lengthening the underwriting process. Lenders informally surveyed by HousingWire are reporting that …
Aug 06
Zero-Cost Social Media Marketing Ideas
Zero-Cost Social Media Marketing Ideas Social media can be a treasure trove for real estate pros looking to expand their business, connect with clients, and build strong brand recognition. “We don’t believe social media is the silver bullet, but it can be a great help in your business,” says Katie Lance, CEO and co-founder …
Aug 05
You still have home buying options
You still have home buying options, even with bankruptcies and other glitches on your credit report. Read the below image for details, then give me a call to discuss. In and out of bankruptcy? With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886 we can explore homebuying options you …
Aug 04
Rules Tenants Most Often Break
Rules Tenants Most Often Break Landlords, brace yourselves: Your tenants are likely going to ignore some of your rules. Luckily, the most common offenses center around decorating and aren’t too serious. The top offense? One in four tenants make holes in walls (often from nails). That offense is most common among renters aged between 25 …
Aug 03
Get your home search off to the right start.
Get your home search off to the right start. See the graphic below then contact me. Deciding to purchase a home is an exciting time, but it can also bring along a whole list of questions. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) you can get …
Jul 24
Buyers Reemerge With More Purchasing Power
Buyers Reemerge With More Purchasing Power Despite high unemployment numbers, nearly two-thirds of buyers recently surveyed say they’ve been able to save more money for their down payment due to the shelter-in-place orders this spring. Combined with low interest rates (the 30-year fixed-rate mortgage averaged 2.98% last week), more house hunters say they’re stretching their …
Jul 23
NOW, if the best time to Buy or Sell a Home…
NOW, if the best time to Buy or Sell a Home… Check out the image below for all the reason, why and then, give me a call. Buying or Selling a home can be challenging, but it doesn’t have to be. With the help of myself and John Coneys of Freedom Mortgage, you can …
Jul 22
Hot Kitchen Trends According to Instagram
Hot Kitchen Trends According to Instagram What’s cooking in kitchen design in 2020? White kitchens, granite, and modern designs still reign supreme, according to a new study of 500,000 Instagram posts in the U.S., conducted by Wren Kitchens. Instagram has emerged as a popular place to share home design pictures and offers insights into trends …
