Feb 23
20 Selwyn Dr. Broomall, PA. 19008 Listing courtesy of Stephen Tallon – KW Greater West Chester $650,000 Est. Mortgage $4,529/mo*4 Beds3 Baths2426 Sq. Ft. Description about this home for sale at 20 Selwyn Dr. Broomall, PA. 19008 Welcome to 20 Selwyn Dr! Take advantage of the opportunity to make this colonial in a great sought …
Feb 22
A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist. The country isn’t officially in a recession yet, despite two consecutive quarters of national contraction of the gross domestic product, a commonly cited indicator of an economic downturn, says Lawrence …
Feb 22
The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist. After weeks of escalating borrowing costs, home buyers are getting a second chance to lock in lower rates. The 30-year fixed-rate mortgage fell to an average just below 5% for the week ending …
Feb 22
415 Eldon Dr. Broomall, Pa. 19008 Listing courtesy of Kathleen A Carney – Compass RE Open House Sat 11 – 1 $499,999 Est. Mortgage $3,480/mo*3 Beds3 Baths1520 Sq. Ft. Description about this home for sale at 415 Eldon Dr. Broomall, Pa. 19008 Welcome to 415 Eldon Drive, an enchanting residence nestled in the heart of …
Feb 22
2588 Radcliffe Rd. Broomall, PA. 19008 Listing courtesy of John Mcaleer – Keller Williams Main Line $575,000 Est. Mortgage $3,991/mo*5 beds2 Baths2449 Sq. Ft. Description about this home for sale at 2588 Radcliffe Rd. Broomall, PA. 19008 A rare find & fantastic opportunity for an owner occupant or investor to own a turn key income …
Feb 21
Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist. Home buyers are having difficulty gauging opportunities to save on a property purchase as mortgage rates become more volatile. The average for the 30-year fixed-rate mortgage swung above 5% again …
Feb 21
NAR’s chief economist shares what now needs to happen to bring down borrowing costs and increase affordability for home buyers. Inflation eased slightly in July, which could bode well for the housing market in the months ahead, says Lawrence Yun, chief economist for the National Association of REALTORS®. Overall, inflation slowed from 9.1% in June …
Feb 21
5724 Sounds Ave N #SEA, Sea Isle City, NJ. 08243 Listing courtesy of Jason Walawender – COMPASS RE – Sic $3,399,000 Est. Mortgage $20,898/mo*4 Beds4 Baths Description about this home for sale at 5724 Sounds Ave N #SEA, Sea Isle City, NJ. 08243 “Experience the pinnacle of coastal luxury at 5724 Sounds Avenue. This exquisite …
Feb 20
218 Brookthorpe Cir. Broomall, PA. 19008 Listing courtesy of Susy Shea – BHHS Fox & Roach Wayne-Devon $495,000 Est. Mortgage $3,438/mo*3 Beds2 Baths2584 Sq. Ft. Description about this home for sale at 218 Brookthorpe Cir. Broomall, PA. 19008 This bright and cheery ranch home with beautiful stone facade is located is a desirable Broomall neighborhood …
Feb 20
As inflation appears to have peaked, borrowing costs are starting to stabilize. Mortgage rates appear to be settling in the 5% range after recent dramatic climbs that shocked home buyers. The 30-year fixed-rate mortgage averaged 5.13% this week, down slightly from its 5.22% average a week ago, Freddie Mac reports. Mortgage rates peaked at 6% …
Feb 20
Housing affordability hit a 33-year low in June, according to NAR data. But an increase in inventory and stabilizing mortgage rates may stem the tide. The average monthly mortgage payment jumped 54% year over year in June while the median household income rose only 5.8%, according to the National Association of REALTORS®’ Housing Affordability Index. …
Feb 20
8609 Landis Ave. #306, Sea Isle City, NJ. 08243 Listing courtesy of Kathleen Matthews TI REALTY GROUP $995,000 Est. Mortgage $6,776/mo*3 Beds3 Baths Description about this home for sale at 8609 Landis Ave. #306, Sea Isle City, NJ. 08243 Beach block condo available in the south end of Sea Isle City! Drive in the covered …
