Home Prices Jump in Rural Areas It’s hot to live in the country. Housing markets in less densely populated areas are seeing a surge in interest as the pandemic prompts more Americans to social distance. Nationwide, homes in rural areas saw median sales prices increase 11.3% year over year in the four weeks ending Aug. …
Tag: Real Estate
Aug 20
Delaware County Home – 314 Columbia Pl Broomall, PA 19008
Delaware County Home – 314 Columbia Pl Broomall, PA 19008 3 Beds 1 Bath 1,725 sqft $375,674 Foreclosure Estimate $375,674 Foreclosure Estimate $375,674 Foreclosure Estimate Description about this home for sale at 314 Columbia Pl Broomall, PA 19008 Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a free …
Aug 20
Moratoriums Keep Foreclosures Nearly Nonexistent
Moratoriums Keep Foreclosures Nearly Nonexistent Even as mortgage delinquencies climb, foreclosure activity continues to be low. Foreclosure moratoriums ordered by federal and state governments during early phases of the pandemic likely helped to minimize the foreclosure rate, says Rick Sharga, executive vice president at RealtyTrac, a real estate data firm. “It’s inevitable that there …
Aug 19
Delaware County Home – 368 Robinson Dr Broomall, PA 19008
Delaware County Home – 368 Robinson Dr Broomall, PA 19008 3 Beds 3 Baths 1,995 sqft $419,000 Est. Mortgage $2,219/mo Description about this home for sale at 368 Robinson Dr Broomall, PA 19008 Welcome to this beautifully maintained and VERY large split complete with first floor office/den, living room with a cathedral ceiling and gas …
Aug 19
Mortgage Rates Stay Below 3% This Week
Mortgage Rates Stay Below 3% This Week Mortgage rates inched up slightly this week but still remained near historical lows. The 30-year fixed-rate mortgage averaged 2.96% this week, up from last week’s record low of 2.88%, Freddie Mac reports. “Home buyer demand remains strong, especially for those in search of an entry-level home, where the …
Aug 18
Sea Isle City / Jersey Shore home – 233 86th St Sea Isle City, NJ 08243
Sea Isle City / Jersey Shore home – 233 86th St Sea Isle City, NJ 08243 4 Beds 4 Baths 2,818 sqft $1,425,000 Est. Mortgage $6,524/mo Description about this home for sale at 233 86th St Sea Isle City, NJ 08243 Fantastic Single Family Home in Townsends Inlet with bay and sunset views! Enjoy spectacular …
Aug 18
Refinancing Fee Could Roil Mortgage Market
Refinancing Fee Could Roil Mortgage Market The Federal Housing Finance Agency has announced a new mortgage refinancing fee that could cost homeowners about $1,500 extra on a $300,000 loan. The fee will apply to loans delivered to Fannie Mae and Freddie Mac starting Sept. 1, which means it could impact current refinancing applications. The fee …
Aug 17
Sea Isle City / Jersey Shore home -133 N 56th St Sea Isle City, NJ 08243
Sea Isle City / Jersey Shore home -133 N 56th St Sea Isle City, NJ 08243 5 Beds 3 Baths 2,604 sqft $1,399,000 Est. Mortgage $6,461/mo Description about this home for sale at 133 N 56th St Sea Isle City, NJ 08243 Rare find! This stunning home in charming Sea Isle City can be your …
Aug 17
Listings Climb for the First Time Since the Pandemic’s Start
Listings Climb for the First Time Since the Pandemic’s Start Buyers are finding greater selection in their house hunt as new listings increase above pre-pandemic levels, according to realtor.com®’s latest Weekly Recovery Report, reflecting the week ending Aug. 8. The increase in new listings now brings all four major components of housing activity tracked on …
Aug 14
Jersey Shore / Sea Isle City home – 5110 Central Ave Sea Isle City, NJ 08243
Jersey Shore / Sea Isle City home – 5110 Central Ave Sea Isle City, NJ 08243 4 Beds 2 Baths 1,662 sqft $849,000 Est. Mortgage $3,939/mo Description about this home for sale at 5110 Central Ave Sea Isle City, NJ 08243 This lovely 4Br., 2.5 Ba townhouse has never been rented. Private location with fantastic …
Aug 14
Ways to Improve Chances of a Favorable Appraisal
Ways to Improve Chances of a Favorable Appraisal Appraisal issues can be common hangups in a real estate transaction. In June, appraisal issues were blamed for causing delays in 18% of transactions (the second highest reason behind issues related to obtaining financing) and for terminating 9% of contracts, according to the REALTORS® Confidence Index. While …
Aug 13
Most Popular Home Updates During the Pandemic
Most Popular Home Updates During the Pandemic Many Americans turned their attention to their homes during the pandemic. Home improvement big-box retailers reported a swarm of traffic as homeowners looked to spruce up their nests while sheltering in. What were homeowners working on? Outdoor spaces were fueling much of the demand, according to Houzz, …
