Aug 09
Listing courtesy of Ian Ciseck – LONG & FOSTER REAL ESTATE, INC sic $1,850,000 Est. Mortgage $9,815/mo*4 Beds4 baths Description about this home for sale at 8509 Pleasure Ave, Sea Isle City, NJ 08243 One house off the beach in the highly desired 85th Street Townsend Inlet neighborhood. This townhouse has 4 bedrooms plus a …
Aug 08
2nd Historic Fed Rate Hike Unlikely to ‘Further Damage’ Mortgage Borrowers With skyrocketing inflation and mounting recession fears, the Federal Reserve made another aggressive move Wednesday, raising its benchmark rate by three-quarters of a percentage point for the second time this year to try and tame the economy. However, higher mortgage rates may not necessarily …
Aug 08
Listing courtesy of Stephen Mazza – Keller Williams Main Line $360,000 Est. Mortgage $2,251/mo*3 Beds2 Baths1260 Sq. Ft. Description about this home for sale at 711 N Providence Rd. Media, PA. 19063 Welcome to 711 N Providence Road. This property has been well maintained over the years and is ready for its new owner to …
Aug 08
Listing courtesy of Max Lomas – RE/MAX Properties – Newtown Description about this home for sale at 436 Hampshire Dr. Broomall, PA. 19008 WOW…. This is the one you have been waiting for!! Welcome to 436 Hampshire Drive offering 4 bedrooms, 3.5 bathrooms and over 2,100 square feet! This home is absolutely stunning and is …
Aug 05
Remote Online Notarization Is One Step Closer The U.S. House of Representatives passed a bill Wednesday evening to expand the availability of remote online notarization (RON) nationwide, a key advocacy priority for the National Association of REALTORS®. The bipartisan SECURE Notarization Act now goes to the Senate for consideration. RON allows a notary and signer …
Aug 04
Pending Home Sales Tumble as More Buyers Get Priced Out Pending home sales fell in June as surging mortgage rates and record-high home prices are making home buyers more cautious in moving forward. The median existing-home price hit an all-time high in June ($416,000). Homes were 80% more expensive in June than they were in …
Aug 03
Listing courtesy of William J. Buchanan, Abr, Gri, Crb, Rsps, Epro – RE/MAX PREFERRED SEA ISLE $675,000 Est. Mortgage $3,662/mo* 3 beds 1 bath Description about this home for sale at 141 74th St. #A, Sea Isle City, NJ. 08243 Views ! Views! Views! Watch beautiful Sunsets on the intercoastal waterway. Large wrap around front …
Aug 03
Could Solving the Housing Shortage Help Close the Racial Gap, Too? The nation’s housing shortage has also fueled a housing inequity problem, Bryan Greene, vice president of policy advocacy for the National Association of REALTORS®, writes in an essay included in a new report, “Housing Underproduction in the U.S.” To close the widening racial gap …
Aug 02
Mortgage Rates Rise Ahead of Fed’s Big Announcement Mortgage rates rose slightly this week ahead of the Federal Reserve’s highly anticipated meeting next Tuesday, when it is expected to increase its benchmark rate by up to a full percentage point. What impact could that have on mortgage rates ahead? “Even though the upcoming rate hike …
Aug 02
Listing courtesy of Deborah Olsen – Keller Williams Premier $382,900 Original price: $394,000Est. Mortgage $2,420/mo*4 beds2 baths1776 sq. ft. Description about this home for sale at 68 Collins Rd, Hamilton, NJ. 08619 This expanded Cape Cod home located in the Mercerville section of desirable Hamilton Township is larger on the inside than its appearance from …
Aug 02
Existing-Home Prices Hit New Record as Sales Slow Prices for existing homes climbed to a record high in June, continuing at a breakneck pace with double-digit-percentage annual increases. The median price for an existing home rose to $416,000 last month, up 13.4% compared to a year earlier, the National Association of REALTORS® reported Wednesday. Home …
Aug 01
Single-Family Construction Is Going Soft Builders are growing concerned that demand for new homes is leveling off, and they’re slowing production out of fear that too many buyers have been priced out of the market. Single-family construction in June dropped to its lowest level since April 2020, when the COVID-19 pandemic was just beginning, the …
