Equity Gains Shut Out Would-Be Buyers Homeowners nationwide have doubled their equity since 2009. While that’s good news for those who already own, prospective buyers say increases in home values—which lead to higher prices—are making it more difficult for them to break into home ownership. Challenges to housing affordability will not be solved soon because …
Tag: News
Jun 19
Why Your Clients Are Smart to Buy in Summer
Why Your Clients Are Smart to Buy in Summer Summertime in the housing market brings countless buying and selling opportunities. But with all the competition out there, would your clients be better off waiting a few months? Real estate experts say no. They contend home prices peak from June to August and say there …
Jun 16
Zero-Down Loans Making a Comeback
Zero-Down Loans Making a Comeback Your buyers may soon be able to bring less to closing. They were blamed for precipitating the housing crisis years ago, but major lenders are giving no- and low-down payment loans another shot. Several major lenders are reportedly offering loans with just 1 percent down. Navy Federal, the nation’s …
Jun 14
How Long Does It Take to Get a Mortgage?
How Long Does It Take to Get a Mortgage? Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to the documentation required, third-party verification, and the independent appraisal process,” says Whitney Fite, president …
Jun 13
How to Get Noticed on Social Media
How to Get Noticed on Social Media Forbes columnist Jayson DeMers offers the following tips to get more visibility from your social media posts, maximize your outreach, and increase your followers. Leverage influencers: Get people who already have high visibility on social media to share your posts. Target influencers within the industry and …
Jun 12
A great testimonial from another satisfied customer for Anthony DiDonato Real Estate
from Rita M. regarding 740 Primos Ave. Primos, PA 19018. (06/09/2017) “Anthony is a true professional. He understood that we were selling our Mother’s house because she recently passed away. He was very knowledgeable and compassionate and made our sale go smoothly. I would recommend him to anyone looking to sell or buy a home.“
Jun 09
Celebrating Frank Lloyd Wright’s 150th Birthday
Celebrating Frank Lloyd Wright’s 150th Birthday June 8 marks the 150th birthday of Frank Lloyd Wright, the legendary architect who continues to have a lasting footprint on the styles of residential homes, museums, churches, commercial buildings, and more. Wright is credited as creating four major design styles during his career: Prairie, Textile, Organic, and …
Jun 08
Fannie to Loosen Mortgage Requirements
Fannie to Loosen Mortgage Requirements Government-sponsored financing giant Fannie Mae will ease its requirements next month, raising its debt-to-income ceiling from 45 percent to 50 percent on July 29. The move could pave the way for a larger number of new buyers to qualify for a mortgage, particularly millennials who may be saddled with …
Jun 05
President Trump Vows to Strengthen Middle-Class Housing
President Trump Vows to Strengthen Middle-Class Housing National Home ownership Month kicks off this month, and President Donald Trump is pledging to strengthen the middle class by reducing rules and regulations and cutting taxes that he believes will help them become homeowners. This year’s theme for National Home ownership Month is “Find Your Place in …
Jun 02
Stellar Yelp Reviews Buoy Home Prices?
Stellar Yelp Reviews Buoy Home Prices? A good Yelp review of a restaurant can certainly be a boon to that eatery’s business, but a new study shows that it can also be a boon to nearby home values too. Researchers used Washington, D.C., to test their theory into restaurant quality and impact on property …
Jun 01
Credit Scores Hit Record High
Credit Scores Hit Record High Credit scores among U.S. consumers surged to a record high this spring. Further, the share of borrowers considered among the riskiest borrowers hit a record low. The higher credit scores could be a boon for the mortgage market: A good credit score can help borrowers snag a better mortgage …
May 31
Risky Behaviors in Email Communication
Risky Behaviors in Email Communication If you’re not careful about how you respond to clients over email, you could risk losing contracts, damaging your reputation, and even being sued for breach of confidentiality. Forbes.com offers some of the following tips to avoid PR nightmares and liability offenses with your email behavior. Beware of hitting …