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 …
Tag: Real Estate
Mar 09
Philadelphia, PA Home – 2723 E. Country Club Rd. Philadelphia, PA. 19131 (wynnefield heights)
$235,000 Est. Mortgage $1,147/mo*3 Beds2 Baths1412 Sq. Ft. Description about this home for sale at 2723 E. Country Club Rd. Philadelphia, PA. 19131 (wynnefield heights) Welcome to Wynnefield Heights… talk about LOCATION, this is a beautiful tree-lined street with a park-like setting! This is the perfect home for someone who wants to take the time …
Mar 09
Mortgage Rates Could Hamper Affordability
Mortgage Rates Could Hamper Affordability About 87.5 million households are unable to afford a median-priced new home, according to data from the National Association of Home Builders. If the new-home market prices were to rise by just $1,000, an additional 117,932 would be priced out. Mortgage rates also could further hamper household affordability. Many economists …
Mar 09
Jumbo Loans Reach 16-Year High
Jumbo Loans Reach 16-Year High Hoping to take advantage of mortgage rates that are still historically low, more Americans are pushing into higher mortgage levels to afford more expensive homes. Lenders reported that 2021 marked the highest dollar volume in jumbo loan originations since 2005. Jumbo loans are mortgages that exceed the loan limits of Fannie …
Mar 08
Philadephia PA, Home – 1908 Greymont St. Philadelphia, PA. 19116 (somerton)
$469,900 Est. Mortgage $2,198/mo* 4 Beds3 Baths1690 Sq. Ft. Description about this home for sale at 1908 Greymont St. Philadelphia, PA. 19116 (somerton) Location!Location! Amazingly kept 4 bedroom Single home ready to accept new owners. As you enter the home foyer leading in both direction. 4 steps upward towards living room and 4 steps towards …
Mar 08
Office Occupancy Is Increasing
Office Occupancy Is Increasing Employees are headed back to the office. After the pandemic caused many companies to encourage work-from-home policies for office workers, real estate indicators signal a reversal. As they return, companies want more space. As of February, office occupancy continued to increase, with 84% of 390 metro areas seeing a rise, according …
Mar 08
High Heating Bills Stun Homeowners
High Heating Bills Stun Homeowners Heating bills this winter have left many homeowners in sticker shock. The rising cost of fuel has made heating bills jump by from 5% to 50% this winter—a warning that federal agencies made last fall. Still, in some regions, heating bills are higher than forecasters anticipated. Money Magazine spoke to …
Mar 07
Philadelphia (overbrook) Home – 908 N 64th St. Philadelphia, PA. 19151
$489,500 Est. Mortgage $2,266/mo*5 Beds3 Baths2427 Sq. Ft. Description about this home for sale at 908 N 64th St. Philadelphia, PA. 19151 (overbrook) The decision is YOURS! Do you need a 5-bedroom, 3-bathroom single-family home? Here you go! OR do you need a 3-bedroom, 2-bathroom living space and a 2-bedroom, 1-bathroom income-producing unit with separate …
Mar 07
Rates Drop Amid Russia-Ukraine Conflict
Rates Drop Amid Russia-Ukraine Conflict Mortgage rates fell again this week amid Russia’s invasion of Ukraine, sparking uncertainty across the globe including in U.S. markets. The 30-year fixed-rate mortgage dropped to a 3.76% average this week, Freddie Mac reports. “Geopolitical tensions caused U.S. Treasury yields to recede this week as investors moved to the safety …
Mar 07
Homeowners Value Their Yards More
Homeowners Value Their Yards More More than three-quarters of Americans who have a yard say the family yard space is one of the most important parts of their home, according to a poll of 1,700 consumers by the TurfMutt Foundation. Since the pandemic began, homeowners are showing more appreciation for their yards and spending more …
Mar 03
Philadelphia PA Home – 130 Spruce St. #19B, Philadelphia PA. 19106
$399,900 Est. Mortgage $1,887/mo*1 Bed1 Bath915 Sq. Ft. Description about this home for sale at 130 Spruce St. #19B, Philadelphia PA. 19106 Situated in the heart of Society Hill, 130 Spruce 19B is a Newly renovated and meticulously maintained energy efficient 1 bed 1 bath corner condo bathed in natural light with GARAGE PARKING! Located …
Mar 02
Bucks County PA Home – 870 Geranium Rd. Warrington PA. 18976
$399,999 Original price: $349,000 Est. Mortgage $2,245/mo*3 Beds4 Baths2368 Sq. Ft. Description of this home for sale at 870 Geranium Rd. Warrington PA. 18976 This property is being sold as is, seller will make no repairs. Buyer is responsible for any work required for the U&O and the cert fee. Interior Features on this home …
