Where Homes Are Selling The amount of time it takes to sell a home has been dropping for the last four consecutive years, but in February, the typical home sat on the market for 83 days, which is unchanged from a year ago. That’s a sign that the market is slowing but not reversing, according …
Tag: News
Mar 11
Challenges For Real Estate Firms
Challenges For Real Estate Firms Keeping up with technology, facing increased competition from nontraditional market participants, and growing concerns over housing affordability are the top challenges that real estate firms say they’re increasingly alarmed about, according to the National Association of REALTORS®’ newly released 2019 Profile of Real Estate Firms. NAR’s report is based on …
Mar 08
Homeowners Richer over the past year
Homeowners Richer over the past year Home equity continued to increase in the fourth quarter of 2018, with more homeowners profiting over rising home prices. U.S. homeowners with a mortgage saw their equity rise by 8.1 percent year over year in the fourth quarter of 2018, according to CoreLogic’s Home Equity Report, released Thursday. The …
Mar 07
Home ownership Still an American Dream
Home ownership Still an American Dream The majority of Americans—79 percent recently surveyed—still believe that owning a home is a vital component of achieving the American dream, according to a Bankrate.com survey of more than 2,000 consumers. Americans placed achieving home ownership ahead of retirement (68 percent), having a successful career (63 percent), and owning …
Mar 06
A home for sale at 218 Morton Ave Broomall, PA 19008 in Delaware County
A home for sale at 218 Morton Ave Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Direct Number: (610) 353-5366 {Smart Phones Click to Call} Fax: (610) 771-4480 Email: anthony@anthonydidonato.com Call me for info on this home for sale at 218 Morton Ave Broomall, PA 19008 in Delaware …
Mar 06
Thinking about up-sizing or downsizing? Let me help!
Thinking about up-sizing or downsizing? Let me help! Now that we’ve entered into a buyers market, creating a positive first impression and showcasing the best attributes of your home are essential in today’s real estate market. Following these simple tips will help you prepare your home to sell: Depersonalize – Remove family photos and keepsakes …
Mar 05
Avoid Buyer’s Remorse
Avoid Buyer’s Remorse Most young adults have financial regrets about their home purchase, a new Bankrate survey shows, but much of their grief could have been avoided with proper planning. That’s where you come in: Younger buyers have a need for more professional guidance about the costs of home ownership. Sixty-three percent of millennial homeowners—more …
Mar 04
Mortgage Rates Remain Low
Mortgage Rates Remain Low After declining for three consecutive weeks, mortgage rates are in a holding pattern. The average rate for a 30-year fixed-rate mortgage is lower than it was a year ago. “Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week,” says Sam Khater, Freddie Mac’s …
Mar 01
Buying for the First Time
Buying for the First Time First-time buyers are finding the housing market challenging to break into. On average, they have to put in 3.8 offers before their offer is accepted, which is higher than the 2.5 offers that repeat buyers typically make, according to a new survey of about 2,000 U.S. adults from NerdWallet, a …
Feb 28
Parents Could Rank High as Mortgage Lender
Parents Could Rank High as Mortgage Lender Parents are increasingly helping their adult children buy their first home. In fact, a new study suggests that if families were considered a financial institution, the “Bank of Mom and Dad” would be the seventh largest mortgage lender in the country. Parents and grandparents supported the nationwide purchase …
Feb 27
FHA and VA Loans
FHA and VA Loans Home ownership is within reach with an FHA and VA Loan Whether you are purchasing your first home, moving up in the world or downsizing into your golden years home, I can help you get the right loan solutions to meet your needs. FHA Loan Advantages: Down payment as low as …
Feb 26
Money Laundering in Real Estate
Money Laundering in Real Estate Countries around the world are cracking down on money laundering schemes in the luxury real estate sphere. “Real estate has always been a favorite asset for criminals, through which they would launder their money,” Brigitte Unger, a professor at the University of Utrecht in the Netherlands and an expert in …