More Store Openings Than Closures More brick-and-mortar retail is needed. Store openings are outnumbering closings for the first time in four years, according to an analysis of more than 900 chains by the IHL Group, a research firm. The largest amount of growth is coming from mass merchants, food, drugs and pharmacy, and convenience chains, The …
Tag: tips
Nov 30
Expect an Unseasonably Hot Winter for Home Sales
Expect an Unseasonably Hot Winter for Home Sales This winter is expected to be unseasonably hot for the housing market. “Compared to other past winter seasons, this winter season’s sales activity will be stronger,” says Lawrence Yun, chief economist of the National Association of REALTORS®. “This winter, there will be more sales compared to pre-pandemic …
Nov 30
Perform a ‘Home Inspection’ While Hanging Holiday Lights
Perform a ‘Home Inspection’ While Hanging Holiday Lights Holiday decorating is in full swing, and as homeowners deck their halls, they may want to also use the festivities as an excuse to inspect several out-of-sight ares of their home. Groundworks, a basement and foundations firm, offers up tips to spot needed repairs in the …
Nov 29
Glass, Window Shortages Delay Homebuilding
Glass, Window Shortages Delay Homebuilding Glass is joining the list of building materials in short supply. A range of industries, including shower door manufacturers and window installers, are reporting glass shortages. Nearly two-thirds of home builders said that windows are their biggest material shortage, according to a recent survey from John Burns Real Estate Consulting. …
Nov 29
Investors on Record Buying Spree
Investors on Record Buying Spree Taking notice of the increased appetite for U.S. real estate, investors are building up their portfolios of properties looking to cash in on the higher housing and rental prices. Investors purchased a record $64 billion of homes in the third quarter. Single-family homes comprised nearly three-quarters of investor purchases in …
Nov 24
FHA Loans
FHA Loans Attention first time home buyers! Did you know an FHA loan can help you obtain your dream of homeownership? With the help of myself and John Coneys of RoundPoint Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #PlymouthMeetingRP
Nov 23
Improved Manufactured Housing
Improved Manufactured Housing With surging home prices, more home buyers are showing an interest in manufactured housing. Even buyers who aren’t specifically looking for manufactured homes may discover that some listings they are interested in feature them, since they more closely resemble site-built homes nowadays. The manufactured housing segment has long contended with a reputation …
Nov 23
Remodeling Projects to Boost Resale Value
Remodeling Projects to Boost Resale Value House hunters will likely wonder about the age and upkeep of certain big-ticket features in a home like the roof and HVAC system. But they will also likely be interested in just how move-in ready the home is. Sellers can take on some prep work to get their …
Nov 23
Credit Scores Reach All-Time High
Credit Scores Reach All-Time High Since the beginning of the pandemic, the average FICO credit score has increased by eight points to reach 716, according to Fair Isaac Corp. Pandemic-related relief programs and a decrease in consumer spending early in the pandemic may have helped Americans improve their credit histories by paying existing debts and …
Nov 22
15 Hottest Housing Markets Right Now
15 Hottest Housing Markets Right Now As home buyers continue their searches in an active and competitive fall season, the nation’s top-performing markets in October are all affordable alternatives to their nearby big-city counterparts. Topping realtor.com®’s October list was Manchester, N.H., about an hour northwest of Boston. Homes in Manchester are selling in under 24 …
Nov 22
Build Back Better Plan Goes to Senate
Build Back Better Plan Goes to Senate The U.S. House of Representatives passed President Joe Biden’s signature Build Back Better plan early Friday by a vote of 220-213. The bill now goes to the Senate for consideration. The roughly $1.75 trillion bill spares real estate investment from the most-feared taxes and includes key NAR priorities …
Nov 22
Buyers With VA Loans Can Better Compete
Buyers With VA Loans Can Better Compete Military families with Veterans Affairs loans are losing out in the competitive housing market. Sellers are showing preference to buyers with more conventional financing or all-cash offers that they believe will offer a faster and smoother closing. Ninety-four percent of real estate professionals surveyed said sellers are most …
