Mortgage Rates Surge to 4.42% Elevated inflation and the Federal Reserve’s monetary tightening policy drove the latest leap in mortgage rates this week. Since the beginning of this year, mortgage rates have jumped by 1.2%. The typical home buyer would need to spend $250 more every month to be able to purchase a home, Nadia …
Tag: Real Estate
Mar 28
Bucks County PA. Home – 1147 Hoover Ave, Feasterville, PA. 19053
$350,000 Est. Mortgage $1,958/mo* 4 Beds3 Baths1440 Sq. Ft. Description about this home for sale at 1147 Hoover Ave, Feasterville, PA. 19053 Welcome to the heart of Feasterville. Location is what it’s all about. This beautiful 4 bedroom 2.5 bath home in Neshaminy School District is waiting for you. This home is almost 1/3 of …
Mar 28
New-Home Sales Softened in February
New-Home Sales Softened in February Material and labor shortages continue to constrain both new-home supply and sales, economists said as February saw another dip in new-home sales. Buyer demand remains high, but builders struggle to add greater inventory. Sales of new single-family homes reached a seasonally adjusted annual rate of 772,000 in February, down 2% from January …
Mar 28
Where Home Improvement Is Increasing
Where Home Improvement Is Increasing Home improvement spending is growing across the country and is expected to accelerate further in many of the nation’s largest cities this year, according to a report from Harvard University’s Joint Center for Housing Studies. Home improvement spending is expected to grow nearly 14% annually across all 48 major metro …
Mar 25
87.5M Buyers Priced Out
In the competitive market, many aspiring home buyers continue to be priced out, according to a new study from the National Association of Home Builders. About 87.5 million households are unable to afford a median-priced new home. If prices rise by just $1,000, an additional 117,932 people would be priced out, according to the NAHB’s …
Mar 25
Why being pre-qualified and pre-approved is the best
Why being pre-qualified and pre-approved is the best place to start when buying a home! Check out the chart below! With the help of myself and Katy Sychterz of RoundPoint Mortgage, (NMLS# 183951 – 484.534.5107) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket
Mar 16
All-Cash Buyers More Likely to Win Bidding Wars
All-Cash Buyers More Likely to Win Bidding Wars Buyers who offered an all-cash transaction were four times more likely to win in a competitive offer situation than those who didn’t in 2021, according to a report from Redfin. All-cash offers were found to be significantly more successful than other strategies, such as waiving the financing …
Mar 16
Bucks County, PA. Home – 16752 River View, Bristol, PA. 19007
$675,000 Est. Mortgage $3,761/mo*3 Beds3 Baths2261 Sq. Ft. Description about this home for sale at 16752 River View, Bristol, PA. 19007 Riverfront Unit with Rooftop Deck overlooking the Delaware River! The long-awaited riverfront units in Radcliffe Court are finally hitting the market, and they are going to be nothing less than outstanding. This end unit …
Mar 16
Bucks County, PA. Home – 302 Easton Rd. Riegelsville, PA. 18077
$359,000 Est. Mortgage $1,934/mo*3 Beds1 Bath1328 Sq. Ft. Description about this home for sale at 302 Easton Rd. Riegelsville, PA. 18077 Just what you’ve been waiting for! Move right into this newly renovated 1920’s craftsman style home in the quaint river town of Riegelsville Borough. Every aspect of this home has been refreshed from roof …
Mar 15
Russians Unloading Luxury Homes Across US
Russians Unloading Luxury Homes Across US Wealthy Russians across the country are reportedly trying to sell hundreds of millions of dollars worth of U.S. property, the New York Post reports. The sales are being triggered by Russia’s invasion of Ukraine and growing sanctions that could put some oligarch’s fortunes in doubt. The Post documents several …
Mar 15
Bucks County, PA. Home – 1110 Liberty Ct. Quakertown, PA. 18951
$350,000 Est. Mortgage $1,899/mo*3 Beds3 Baths2934 Sq. Ft. Description this home for sale at 1110 Liberty Ct. Quakertown, PA. 18951 Welcome to 1110 Liberty Ct. This 3 BR, 2.5BA property is located on a premium lot that backs up to the woods. A 2 story foyer welcomes you into this well maintained home. The dining …
Mar 15
State-by-State Breakdown of Fourth-Quarter Equity Gains
State-by-State Breakdown of Fourth-Quarter Equity Gains Rising home prices have brought rising equity gains for homeowners. In the fourth quarter, the average homeowner nationwide gained about $55,300 in equity over the past year, according to a new analysis released by CoreLogic, its latest quarterly “Homeowner Equity Insights” report. Western state homeowners are continuing to see …
