Home Buyers Are Stretching Their Searches Out Further In their search for affordability, home buyers are taking their house hunts further out from the city limits. Exurbs are the outskirts of major metro areas that lie beyond the suburbs. Many offer more land and greater affordability in new-home construction. Single- and multifamily activity in the …
Tag: News
May 29
A Testimonial of another satisfied client!
from Stephanie C. regarding 401 1st Ave. Newtown Square, PA 19073. “I trust Anthony completely. He is extremely knowledgeable, professional and serves as a constant advocate for his client. I never felt pressured and came to trust and depend on Anthony’s guidance. We will miss working with him!”
May 29
The road to Freedom – Buying a Home.
The road to Freedom – Buying a Home. See all the steps in the photo below that will help you on the journey to buying a home for you and your family. We can help on every step of the way. Give us a chance to help you buy your dream home. The Road to …
May 28
Mortgage Rates Drop Again this week
Mortgage Rates Drop Again this week Mortgage rates continue to decline while lowering borrowing costs for home buyers this spring. “Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018,” says Sam Khater, Freddie Mac’s chief economist. “The drop in mortgage rates is causing purchase demand …
May 24
Tax Changes Haven’t Held Buyers Back
Tax Changes Haven’t Held Buyers Back Home buyers appear to be less skittish about the potential financial impact of the 2017 Tax Cuts and Jobs Act on their real estate purchases, according to a new Redfin survey of more than 2,000 consumers. The tax reform law, which placed a cap on deductions for mortgage interest …
May 23
Mortgage Rates Shouldn’t Raise As Much
Mortgage Rates Shouldn’t Raise As Much Borrowing costs this year likely will be lower than originally predicted. Freddie Mac recently downgraded its forecast for the 30-year fixed-rate mortgage, projecting it will average 4.3% this year—below last year’s average of 4.5%. Further, Freddie economists predict only a small increase in rates in 2020, with the 30-year …
May 22
Where a $1K Monthly Mortgage Is Most Possible
Where a $1K Monthly Mortgage Is Most Possible Median home list prices have been hitting a record pace—topping a $300,000 average in the United States, according to realtor.com® data. The rise in mortgage prices has come with a higher median cost for home loans, which is up nearly 20% to $229,000, over the past …
May 21
Credit – What to expect during the loan process.
Credit – What to expect during the loan process. Good credit is critical when it comes to obtaining the best interest rates and terms on a mortgage. Here are some credit tips when applying for a mortgage. Stay current, on existing accounts, one 30 day notice can cost you. Continue to use your credit as …
May 20
Best Places to Carve Out a New-Home Niche
Best Places to Carve Out a New-Home Niche Real estate pros may be smart to carve out a new-home niche in the Dallas-Fort Worth, Texas, region. The metro area saw the highest number of new-home construction in the first quarter, according to new data from Metrostudy Inc. Home construction in the metroplex totaled more than …
May 17
REALTORS® Are Leveraging Tech to Reach Clients
REALTORS® Are Leveraging Tech to Reach Clients As house hunters continue to head online to begin their search, more real estate professionals are upping their tech use to meet them there. REALTORS®’ web presence and use of social media have been increasing in recent years, and they consider it a valuable marketing tool to reach …
May 16
Homeowners Added Nearly $10k in Equity
Homeowners Added Nearly $10k in Equity Homeowners continue to see home values increase, along with their equity. Metro home prices nationwide saw an increase of nearly 4% in the first quarter. The national median existing single-family home price was $254,800 in the first quarter, the National Association of REALTORS® reported Tuesday. Single-family home prices rose …
May 15
A pre-approval puts you in control.
A pre-approval puts you in control. A pre-approval is documentation that is provided by a lender that has checked your income, credit history and other documentation to determine the mortgage amount you’re qualified to borrow. To secure a pre-approval, you will provide the same documentation that is needed for and applications. See the photo below, …
