Sellers Cool on Instant Offers as iBuyers Pull Back As iBuyers resume operations, they’re finding less sales activity coming their way as the housing market sees booming sales from consumers. Many iBuyers paused home purchases in mid-March as the COVID-19 outbreak began in the U.S. While most reopened over the summer, their sales levels are …
Tag: tips
Dec 03
Do Open Houses Still Have a Bright Future?
Do Open Houses Still Have a Bright Future? Technology has changed the way many buyers shop for homes during the pandemic. As social distancing measures remain in place, the in-person open house has been put on hold in many markets. That has prompted some real estate professionals to believe open houses may become a thing …
Dec 02
Road to Freedom
Road to Freedom – Buying a home. Thinking about buying a home? Check out this roadmap from start to finish so you know what to expect during your homebuying process! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your …
Dec 01
15 Cities With the Lowest Costs of Living
15 Cities With the Lowest Costs of Living With nearly half of Americans planning a move to reduce living expenses, according to a new study, many will be targeting cheaper towns. Move.org researched rent prices, utility costs, gas prices, and internet rates in the 75 largest U.S. cities to find the most affordable areas in …
Dec 01
What Real Estate Has to Be Grateful For in 2020
What Real Estate Has to Be Grateful For in 2020 No doubt, 2020 has been a uniquely challenging year. With unemployment still above pre-pandemic levels, the country coming to terms with longstanding racial inequities, Americans worrying about natural disasters and coming off a contentious national election, and the COVID-19 pandemic still raging, people are searching for reasons to feel gratitude this Thanksgiving. The …
Nov 30
Top New-Home Markets
Top New-Home Markets More buyers are being drawn to new-home construction during the pandemic. Construction of single-family homes last month soared to the highest level since the spring of 2007. New-home construction is up 8.6% from a year ago, the Commerce Department reported last week. The top performing new-home markets in October were Raleigh. N.C.; …
Nov 30
Americans Plan Move to Reduce Costs
Americans Plan Move to Reduce Costs Nearly half of more than 2,000 Americans recently surveyed say they plan to move soon to reduce living expenses, according to a new survey from LendingTree. Forty-six percent of respondents say they plan to relocate within the next year. The pandemic has motivated more Americans to consider a move. …
Nov 25
Pre-Approval Puts you in control
Pre-Approval Puts you in control Becoming preapproved early is important so we can be sure to show you homes within your budget and goals. With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) you’ll have the information and confidence in your home buying decisions. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast …
Nov 24
Home Sales Are Up 27% From a Year Ago
Home Sales Are Up 27% From a Year Ago For the fifth consecutive month, existing-home sales continued to be resilient in the face of the pandemic, climbing nearly 27% compared to a year ago, the National Association of REALTORS® reported Thursday. Also reported this week, construction of single-family homes soared to the highest pace since …
Nov 24
‘Essential Service’ Battle Is Back
‘Essential Service’ Battle Is Back Concerns in the real estate industry are mounting as more states move toward tougher coronavirus restrictions—including lockdowns in New Mexico and Oregon. As COVID-19 cases surge to a record high nationwide, at issue is whether states will deem real estate an essential service if they reinstitute mandatory stay-at-home orders. New …
Nov 23
Foreclosure Filings Are on the Rise
Foreclosure Filings Are on the Rise Foreclosure filings in October climbed 20% compared to September’s figures as the pandemic remains a threat to homeownership for some Americans and to the economy, ATTOM Data Solutions, a real estate research firm, reports. Foreclosure filings include default notices, scheduled auctions, or bank repossessions. “It’s a little surprising to …
Nov 23
More Buyers Want Space for Mom and Dad
More Buyers Want Space for Mom and Dad As the pandemic continues, more home buyers are looking for properties that can house their older family members. The goal for these buyers is to keep their aging family members out of senior living—particularly group setting facilities, which have been on heightened alert during the COVID-19 …