Feb 02
1 Lawrence Rd. #A2B, Broomall, PA. 19008 Listing courtesy of Jim Whelan – RE/MAX Ace Realty $234,900 Est. Mortgage $1,588/mo*2 Beds1 Bath985 Sq. Ft. Description about this home for sale at 1 Lawrence Rd. #A2B, Broomall, PA. 19008 Great 2 Bedroom 1 Bath Second Floor Condo! This wonderful home has been remodeled in 2023 with: …
Feb 01
7006 Landis Ave, Sea Isle City NJ. 08243 Listing courtesy of Nicholas Screnci – SEA ISLE REALTY $1,895,000 Est. Mortgage $11,339/mo*6 Beds5 BathsNew Build Description about this home for sale at 7006 Landis Ave, Sea Isle City NJ. 08243 Situated in the south end this NEW CONSTRUCTION has the perfect location for the whole family. …
Feb 01
Rising interest rates have increased the average monthly loan payment by a whopping $1,000 year over year. With the rate for a 30-year mortgage rising to 7.08% this week—the highest average since April 2002, according to Freddie Mac—the average monthly loan payment is now $1,000 more than a year ago, Nadia Evangelou, senior economist and …
Jan 31
Persistent inflation is proving “quite harmful to the housing market,” says NAR Chief Economist Lawrence Yun. The housing market is quickly contracting as rising mortgage rates and stubbornly high inflation prompts more home buyers—and even sellers—to back away. The National Association of REALTORS®’ Pending Home Sales Index, a forward-looking indicator based on home contract signings, …
Jan 31
7708 Pleasure Ave S. Sea Isle City, NJ. 08243 Listing courtesy of Christopher Oliva – COMPASS RE – Ocean City $1,799,000 Est. Mortgage $10,805/mo*5 Beds4 Baths2182 Sq. Ft. Description about this home for sale at 7708 Pleasure Ave S. Sea Isle City, NJ. 08243 Welcome to 7708 Pleasure Ave (south unit), a captivating beach block …
Jan 30
85 85th Street, Sea Isle City, NJ. 08243 Listing courtesy of Dustin Laricks – COMPASS RE – Sic $1,599,000 Est. Mortgage $9,771/mo*4 Beds4 Baths Description about this home for sale at 85 85th Street, Sea Isle City, NJ. 08243 Welcome to your new Ocean Cove retreat at 85 85th Street, Sea Isle City. This spacious …
Jan 30
Economists eye two possible scenarios: Rates could rise to 8% or higher by the end of the year, or they could stabilize. Know what to expect. Mortgage rates this week dipped slightly below 7%, even after the Federal Reserve aggressively raised its benchmark interest rate again to tame inflation. The 30-year fixed-rate mortgage averaged 6.95% …
Jan 29
The third quarter may have marked the end of price surges as higher mortgage rates put a damper on projections for property appreciation. Read more from NAR’s latest report. Home prices continued to climb in the third quarter of this year, but the upward trend may finally be coming to an end, according to the …
Jan 29
Sea Isle City / Jersey Shore Home – 133 E 37th St. E #SEA, Sea Isle City NJ. 08243 Listing courtesy of Maureen Hoey – BHHS FOX and ROACH-Sea Isle City $2,499,000 Est. Mortgage $15,188/mo*6 Beds5 Baths Description about this home for sale at Sea Isle City / Jersey Shore Home – 133 E 37th …
Jan 26
129 66th St. Sea Isle City, NJ. 08243 Listing courtesy of Annamarie Germanio – RE/MAX PREFERRED SEA ISLE $1,800,000 Est. Mortgage $10,951/mo*6 Beds5 Baths2500 Sq. Ft. Description about this home for sale at 129 66th St. Sea Isle City, NJ. 08243 The perfect location for a big family! 6 br 4.5 ba (or 5 br …
Jan 26
October’s lower inflation rate is a welcome sign for a housing market that’s seen steady declines in 2022. A recent report showing that the rate of inflation declined in October is good news for the real estate industry, and possibly a bellwether of declining mortgage rates in coming months, Lawrence Yun, chief economist for the …
Jan 25
Pending home sales continued to fall in October as higher mortgage rates shook buyer confidence. Read more from NAR’s latest home sales report. Pending home sales fell for the fifth consecutive month in October as rising mortgage rates brought many housing markets to a halt. But now that rates show signs of stabilizing, economists say …
