Soaring Housing Costs Contribute to Highest Inflation in 40 Years Housing costs are one of the top three categories causing inflation in the U.S. to surge, the U.S. Department of Labor announced Thursday. The largest items in households’ budgets—shelter, gasoline, and food—were the main culprits in February that fueled the highest inflation rates since 1982. …
Tag: Real Estate
Mar 14
Bucks County PA. Home – 2710 Village Rd, Langhorne, PA. 19047
$975,000 Est. Mortgage $5,034/mo*3 Beds2 Baths3205 Sq. Ft. Description about this home for sale at 2710 Village Rd, Langhorne, PA. 19047 A long driveway through scenic woods leads to an enchanting 3 bedroom, 2 bath 18th century stone farmhouse. Beautifully restored yet totally unspoiled, today’s amenities have been thoughtfully blended with period detail. Step back …
Mar 14
Bucks County PA. Home – 48 W. Oakland Ave. Doylestown, PA. 18901
$1,750,000 Original price: $1,995,000Est. Mortgage $8,984/mo*Studio2 Bathsoffice 4866 SQ. Ft. Description about this home for sale at 48 W. Oakland Ave. Doylestown, PA. 18901 A opportunity to develop a multi-unit luxury building for a developer or for someone to create a single family residence in a prime Borough location exists here. A 12 car underground …
Mar 14
Pandemic Led Many to New Home Dreams
Pandemic Led Many to New Home Dreams Consumers continue to believe that homeownership is the American dream, and the pandemic may have provided consumers with more time to ponder what that dream would look like for them. Over a quarter of Americans—29%—say they have been more likely to think about pursuing their dreams since the …
Mar 14
Bucks County PA, Home – 106 Mill Street, Bristol, PA 19007
$459,000 Original price: $450,000 Est. Mortgage $2,857/mo*4 Beds3 Baths Description about this home for sale at 106 Mill Street, Bristol, PA 19007 Welcome to your permanent vacation home! “4 Mill” is an enclave of luxury townhomes and condominiums ideally located at the intersection of Bristol’s Historic Main Street and “on the water” living. This historic …
Mar 14
Homes Worth $1 Million or More at Record High
Homes Worth $1 Million or More at Record High Higher home prices mean that more are valued above the $1 million mark. The number of homes that are $1 million or more has nearly doubled since before the pandemic began, according to a new study released by Redfin. Nationwide, 8.2% of homes—or 6 million—were valued …
Mar 11
Philadelphia, PA. Home – 2555 S. Massey St. Philadelphia, PA. 19142 (Elmwood)
$174,900 Est. Mortgage $888/mo*3 Beds1 Bath1468 Sq. Ft. Description about this home for sale at 2555 S. Massey St. Philadelphia, PA. 19142 (Elmwood) Why rent when you can own such a beautifully rehabbed, move in ready house to call home. So much bang for your buck! Enter the property in the enclosed entrance area, great …
Mar 11
Will Multigenerational Living Lose Traction?
Will Multigenerational Living Lose Traction? As home prices continue to rise, housing experts see an ongoing effort by extended family members to pool their money to combine households and save on costs. But data suggests that rising home prices do not correlate to multigenerational living, according to a new analysis from LendingTree. Some current multigenerational …
Mar 11
Philadelphia, PA. Home – 764 N Judson St. Philadelphia, PA. 19130 (Fairmount)
$449,000 Est. Mortgage $2,163/mo*2 Beds2 Baths1120 Sq. Ft. Description about this home for sale at 764 N Judson St. Philadelphia, PA. 19130 (Fairmount) Welcome to 764 N Judson Street! This charming and tastefully updated 2 bed 1.5 bath is located on one of the most prized streets in Fairmount, steps from the Art Museum, Boathouse …
Mar 10
Novice Sellers
Novice Sellers With soaring home prices and high demand, homeowners are finding it a great time to sell. But some sellers—particularly first-timers—may be so caught up in the headlines about the rosy market that their expectations may become clouded. Real estate professionals shared with realtor.com® some of the mistakes of rookie home sellers in the current market: Unrealistic price expectations: …
Mar 10
Philadelphia PA. Home – 529 Conarroe St. Philadelphia, PA. 19128 (Roxborough)
$279,500 Est. Mortgage $1,354/mo*2 Beds1 Bath924 Sq. Ft. Description about this home for sale at 529 Conarroe St. Philadelphia, PA. 19128 (Roxborough) Welcome to Roxborough, and to 529 Conarroe Street! Close proximity to Manayunk, Chestnut Hill, Fairmount Park, Center City, Conshohocken, and King of Prussia. Walking distance to Gorgas Park, Main Street in Manayunk, Ridge …
Mar 10
Americans Fear Even Higher Rental Costs
Americans Fear Even Higher Rental Costs Rents have been climbing higher and higher, and Americans have felt it in their wallets. A record number of Americans say they expect rents will rise even more over the next year as well, according to a newly released Fannie Mae survey. Sixty-nine percent of respondents said rental prices …