Get your Flood Insurance today! End-of-year negotiations among federal lawmakers have resulted in another short-term extension of the National Flood Insurance Program. Homeowners and buyers in areas at risk of flooding can get insurance through Dec. 21, when the program is scheduled to expire. Efforts are underway to secure longer-term authorization, possibly until the end …
Tag: News
Dec 07
Funding Home Renovations
Funding Home Renovations Secured financing is the key to how many homeowners are paying for home upgrades, according to a new survey from home remodeling website Houzz and Bank of America. Owners who used secured financing were able to fund much larger home improvement projects, too, at nearly three times the median spending of those who …
Dec 06
Home Design Trends to Watch in 2019
Home Design Trends to Watch in 2019 National home builder Taylor Morrison has its eye on pastels, unique finishes, and floral touches in the upcoming new year. The builder says it will be incorporating some of the freshly spotted hottest home design trends into its model homes that are set to debut in 2019. Some …
Dec 05
Thinking about up sizing or downsizing? Let us help you!
Thinking about up sizing or downsizing? Let us help you! Now that we’ve entered into a “buyer’s market” creating a positive first impression and showcasing the best attributes of your home are essential in today’s real estate market especially when you are thinking about up sizing or downsizing. Following these simple tips will help …
Dec 04
Santa Tours Begin In Broomall PA. On Dec 11
Santa Tours Begin In Broomall PA. On Dec 11 Santa will be paying visits to good boys and girls in Broomall starting Dec. 11. Find out when you can see Santa here. BROOMALL, PA – The Broomall Fire Company’s annual Santa tour is nearly here. Old Saint Nick will start making rounds to good …
Dec 03
Stabilizing Mortgage Rates
Stabilizing Mortgage Rates Mortgage rates mostly held steady this week—and homebuyers responded by rushing to lock in rates. The 30-year fixed-rate mortgage averaged 4.81 percent, Freddie Mac reports. “Mortgage rates stabilized the last couple of months as interest rate-sensitive sectors, such as new auto and home sales, have clearly softened the outlook for the economy,” …
Nov 30
Buyers Pull Away From New-Home Market
Buyers Pull Away From New-Home Market Sales of new homes plunged to a more than 2 1/2-year low in October, as all four major regions of the U.S. posted sharp declines, the Commerce Department reported Wednesday. Sales of newly built, single-family homes dropped to a seasonally adjusted annual rate of 544,000 units in October—the lowest …
Nov 29
Home Sellers May Have Tough Road
Home Sellers May Have Tough Road Rising mortgage rates and home prices may prove a bigger thorn to home buyers in 2019 as buying a home gets more expensive in the new year. Meanwhile, as more homeowners list their homes, sellers will face greater competition, possibly increasing the need for concessions. Mortgage rates are forecast …
Nov 28
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. Expect To: Stay current: On existing accounts, one 30 Day notice can cost you Continue to use your …
Nov 27
Townhouse Construction
Townhouse Construction Townhouse construction is outperforming other building sectors, a new analysis from the National Association of Home Builders shows. In the third quarter of this year, townhouses accounted for 33,000 residential construction starts compared to 27,000 in the second quarter of 2017. Construction of townhomes is 24 percent higher than the prior four quarters. …
Nov 26
A Bit Tougher to Get a Brand-New Home
A Bit Tougher to Get a Brand-New Home The rise of housing affordability concerns is sparking a slowdown in new-home construction. Single-family housing starts fell 1.8 percent in October compared to the previous month, the U.S. Commerce Department reported Tuesday. “This month’s decrease in single-family starts isn’t a surprise given the drop in our builder …
Nov 21
Are you a first time home buyer?
Are you a first time home buyer? Here are some of the loan programs we offer for the first time home buyer. Conventional: Minimum credit score:620 5% minimum down payment required Private mortgage insurance (PMI) required if less than 20% down Gift funds allowed VA: 100% home financing – no down payment Minimum credit …
