Home Builders give Hopeful Buyers Financial Therapy. Home builders are conducting financial boot camps to help buyers qualify for home mortgages. Home builders such as D.R. Horton Inc., Lennar, and PulteGroup Inc. are offering financial programs about repairing credit scores, creating budgets, and applying for loans to hopeful home buyers who are struggling to qualify for …
Tag: Real Estate
Oct 02
Home Ownership Rate Stands at 65.5%
Home Ownership Rate Stands at 65.5% Americans still favor home ownership. The U.S. home ownership rate continues to remain around 65.5 percent, the U.S. Census Bureau reported late last week. The home ownership rate is nearly the same as it was in the second quarter of 2011 at 65.9 percent. The Census Bureau also reported …
Oct 01
215 Yarmouth Lane, Media PA 19063 home for sale in Delaware County
215 Yarmouth Lane, Media PA 19063 home for sale in Delaware County. Price: $339,000 Est. payment: $1,519/mo Bedrooms: 2 2 days on Trulia Bathrooms: 2 22 views Property type: Single-Family Home Size: 1,872 sqft Lot: 0.89 acres Price/sqft: $181/sqft Year built: Ask agent MLS/ID: 6116781 Zip: 19063 Single Family/Detached, Rancher home for sale at 215 …
Oct 01
512 Warren Boulevard, Broomall PA 19008 home for sale Delaware County
512 Warren Boulevard, Broomall PA 19008 home for sale Delaware County. Price: $314,900 Est. payment: $1,411/mo View Your Credit Bedrooms: 3 2 days on Trulia Bathrooms: 2 full, 1 partial 10 views Property type: Single-Family Home Size: 1,520 sqft Lot: Ask agent Price/sqft: $207/sqft Year built: 1960 MLS/ID: 6116980 Zip: 19008 Detached,Split/MultiLevel, Contemporary home …
Sep 28
New Home Prices Soar to 5-Year High
New Home Prices Soar to 5-Year High The median price of a new home rose a record-breaking 11.2 percent in August, reaching $256,000. That marks the highest level since March 2007, the U.S. Census Bureau reported Wednesday. The prices of a new home in August soared 17 percent compared to last year at this time. …
Sep 28
Loan Applications Rise as Rates Reach Record Lows
Loan Applications Rise as Rates Reach Record Lows. More home owners and purchasers took advantage of locking in last week’s record low rates. Mortgage Loan Applications — which include both for refinancing and purchase — rose 2.8 percent for the week ending Sept. 21, the Mortgage Bankers Association reports. Mortgage Loan Applications for home purchases, an indicator …
Sep 27
Home Prices Continue to Rise Over Last Year’s Levels
Home Prices Continue to Rise Over Last Year’s Levels More housing reports released on Tuesday showed Home Prices Continue to Rise. The Federal Housing Finance Agency reported that U.S. home prices increased 3.7 percent from a year ago in the 12-month period ending in July. FHFA’s home price index is now at about the same …
Sep 27
Credit Scores Can Differ From What Lenders Use
Credit Scores Can Differ From What Lenders Use When reviewing their credit scores, one in five consumers are likely to receive a different credit score from what a creditor will use to price a loan, according to the Consumer Financial Protection Bureau. The discrepancy has the agency concerned. Lenders use credit scores to help determine …
Sep 26
607 Vernon Street, Media PA 19063 home for sale, Delaware County
607 Vernon Street, Media PA 19063 home for sale, Delaware County. Price: $89,900 Est. payment: $402/mo Bedrooms: 3 1 day on Trulia Bathrooms: 1 full, 1 partial Property type: Single-Family Home Size: 1,189 sqft Lot: 4,356 sqft Price/sqft: $76/sqft Year built: 1920 MLS/ID: 6114758 Zip: 19063 2-Story,Detached, Straight Thru home for sale 607 Vernon Street, …
Sep 26
23 Oakmont Place, Media PA 19063 home for sale Delaware County
23 Oakmont Place, Media PA 19063 home for sale Delaware County. Price: $285,000 Est. payment: $1,277/mo Bedrooms: 2 7 days on Trulia Bathrooms: 2 44 views Property type: Townhome Size: Ask agent Lot: Ask agent Price/sqft: Ask agent Year built: 1985 MLS/ID: 6112057 Zip: 19063 Row/Townhouse, Contemporary home for sale at 23 Oakmont Place, Media …
Sep 25
How High Will Housing Prices Be in 2016?
How High Will Housing Prices Be in 2016? A quarterly survey of more than 100 economists shows growing optimism for the real estate market when it comes to housing prices. The majority of the economists surveyed say they expect home prices to steadily increase for the next four years. The economists surveyed expect Housing prices to …
Sep 25
How to Avoid Common Closing Snafus
How to Avoid Common Closing Snafus Closing delays have reportedly been a rising problem in the real estate industry, from properties not appraising at the agreed upon selling price to financing problems. Columnist Dirk Zeller, a real estate author and sales coach, says that documentation and verification is a common sticking point at closing. “Lenders …
