Falling Office Rents Prompt Leasing in Smaller Markets Office sectors in smaller markets are showing greater resiliency, and companies are taking notice. The only increases in office occupancies in the first quarter were in secondary cities, and even those were modest. These secondary markets are known for having cheaper office rents compared to major markets, …
Tag: Real Estate
Jun 09
First-quarter Refinancings Were Unusually High
First-quarter Refinancings Were Unusually High Mortgage refinance loans have more than doubled over the past year as homeowners rush to lock in historically low mortgage rates. Lenders refinanced about 2.55 million mortgages in the first quarter of this year, a 113% jump from the same time period in 2020, according to real estate research firm …
Jun 08
Pandemic Buyers Lowered Their Housing Costs
Pandemic Buyers Lowered Their Housing Costs About two-thirds of consumers who bought a larger home in a different city over the last year have the same or lower housing costs than before their move, according to a new Redfin survey. Seventy-eight percent of respondents say they have the same amount of disposable income or …
Jun 08
Paint Shortage Adds to Construction, Remodeling Woes
Paint Shortage Adds to Construction, Remodeling Woes Fewer paint products are hitting store shelves, resulting in shortages that could hamper summer home improvement projects. “Some of the most commonly used paints are out of stock,” Mike Marcewicz, founder of Mike’s Painting and Home Improvements, told Bay News 9 in St. Petersburg, Fla. COVID-19 restrictions …
Jun 08
Delaware County / Broomall PA Home – 113 Lawrence Rd Broomall, PA 19008
Delaware County / Broomall PA Home – 113 Lawrence Rd Broomall, PA 19008 $495,000 Est. Mortgage $2,529/mo* 3 Bed 2 Bath 1800 Sq, Ft. Description about this home for sale at 113 Lawrence Rd Broomall, PA 19008 Welcome to 113 Lawrence Rd.! Greatly expanded split level home in Lawrence Park! Living room with hardwood floors …
Jun 08
Broomall / Delco PA home 107 Deerfield Rd Broomall, PA 19008
Broomall / Delco PA home 107 Deerfield Rd Broomall, PA 19008 $749,000 Est. Mortgage $3,788/mo* 6 Bed 4 Bath 3929 Sq. Ft. Description about this home for sale at 107 Deerfield Rd Broomall, PA 19008 Look no further at this must see home. This meticulously updated, completely renovated and well maintained split-level home sits …
Jun 07
Delaware County / Broomall PA Home – 410 Atwater Rd Broomall, PA 19008
Delaware County / Broomall PA Home – 410 Atwater Rd Broomall, PA 19008 $639,000 Est. Mortgage $3,246/mo* 4 Beds 3 Baths 3796 Sq. Ft. Description about this home for sale at 410 Atwater Rd Broomall, PA 19008 LOCATION and QUALITY! Outstanding Quality Built Mozino Stone home on private cul-de-sac in desirable Marple Newtown School District. …
Jun 07
Broomall / Delco PA home – 2604 Highland Ave Broomall, PA 19008
Broomall / Delco PA home – 2604 Highland Ave Broomall, PA 19008 $420,000 Est. Mortgage $2,159/mo* 3 bed 3 Baths 1908 SQ Ft. Description about this home for sale at 2604 Highland Ave Broomall, PA 19008 A convenient lifestyle awaits in this classic split-level home, ideally located in the Rose Tree Woods neighborhood of Broomall. …
Jun 07
Surging Home Prices Are Set for a Cooldown
Surging Home Prices Are Set for a Cooldown The U.S. median home price continued to post double-digit appreciation in May and reached a record high of $380,000, realtor.com® reports. But the rate of price growth has shown signs of slowing for the second time in 13 months (15.2% year-over-year in May compared to 17.2% annually …
Jun 07
Drone Use May Be on the Rise
Drone Use May Be on the Rise Real estate pros have increasingly been using drones to capture aerial photos and videos of their listings or even the interiors. New Federal Aviation Administration rules may even allow for greater use too. The FAA has recently eased some restrictions and expanded some drone rules by authorizing operations …
Jun 04
Builders Reporting Material Shortages Hits Record High
Builders Reporting Material Shortages Hits Record High The challenges to build a home continue to mount for the nation’s builders. Material shortages—such as for lumber, appliances, windows, and doors—are at the tightest levels in history, the National Association of Home Builders reports. About 90% of builders recently surveyed across the country reported shortages of appliances, …
Jun 04
Buyers’ Pets on Home Tours
Some home buyers are seeking their pets’ feedback as they tour homes for sale. Twenty percent of 1,000 U.S. adults surveyed by Ally Home in April said they bring their pets to look at homes. Women are more likely to bring their pet with them on a house hunt than men—24% versus 15%, respectively. “Purchasing …
