Tag: tips

Will you be moving soon?

Check out this handy moving check list to ensure moving day is less of a hassle! 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 #PlymouthMeetingRP 

Benefits of Pre-Approvals

Are you ready to buy a new home? Get pre-approved today! 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 #PlymouthMeetingRP 

HUD Program Takes Aim at Housing Supply Crisis

HUD Program Takes Aim at Housing Supply Crisis The Department of Housing and Urban Development announced a new program to help remedy the nation’s housing supply shortage by boosting affordable housing. HUD’s “Our Way Home” initiative sets out to increase housing supply by helping local communities preserve and add affordable housing in their area for …

Continue reading

Credit tips when applying for a mortgage.

Buying a home is easy when you have great credit! Follow these six credit tips to help ensure you have a smooth mortgage experience. 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 #PlymouthMeetingRP 

What is Debt to income?

Calculating your Debt-To-Income ratio (DTI) is one of the simplest ways to get a handle on your financial health. 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 #PlymouthMeetingRP 

Mortgage Applications Are Falling

Mortgage Applications Are Falling The housing market is showing more signs of slowing. Purchase applications fell 1% last week compared to the previous week and volume is now 14% lower than a year ago, the Mortgage Bankers Association’s latest index shows. Overall, mortgage demand, which includes applications for refinancings and home purchases, has fallen to …

Continue reading

Zones With the Greatest Price Increases

Zones With the Greatest Price Increases Opportunity zones are booming. From the first quarter compared to the fourth quarter of 2021, 55% of qualified opportunity zones saw a jump of at least 20% in median single-family home and condo prices, according to a new report from ATTOM Data Solutions. Home prices in distressed neighborhoods nationwide …

Continue reading

Sellers Dropping Asking Prices

Sellers Dropping Asking Prices Some homeowners may need to reset their price expectations. Signs of a slowing real estate market are growing across the country—existing-home sales and new-home sales are falling as well as pending home sales. Pending home sales fell for the sixth consecutive month in April and are now at the slowest pace …

Continue reading

Contract Signings Hit Slowest Pace in Nearly a Decade

Contract Signings Hit Slowest Pace in Nearly a Decade The housing market is slowing: Pending home sales fell 3.9% in April, marking the sixth consecutive month for declines and the slowest pace in nearly 10 years. NAR’s Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—was down 9.1% in April compared …

Continue reading

Over 10 Years, Homeowners Obtained $240K in Equity

Over 10 Years, Homeowners Obtained $240K in Equity As prices climb, homeowners who’ve owned their homes for a while have seen a boost in appreciation. Over the past decade, a homeowner who purchased a single-family existing home would have gained $229,400 in home equity if the home were sold at the median price in the …

Continue reading

Vacation Rental Listing Scams Grow

Vacation Rental Listing Scams Grow A new article at CNBC is warning vacationers to make sure the short-term rental they’re booking on popular platforms is really not a scam. “Summer plans can quickly melt if consumers aren’t careful when they book their getaway,” New York State Attorney Letitia James wrote in a statement in issuing …

Continue reading

New-Home Sales Post Double-Digit Drop

New-Home Sales Post Double-Digit Drop Rising prices in the new-home market prompted buyers to take a step back in April. The sale of newly built, single-family homes fell 16.6% in April, dropping to their weakest pace in two years, the Department of Housing and Urban Development and the U.S. Census Bureau reported Tuesday. Rising mortgage …

Continue reading