Aug 22

621 S. Central Ave, Broomall, PA. 19008 – Delco / Delaware County PA. home.

621 S Central Blvd, Broomall, PA 19008 — For Sale

Price: $550,000 (as of August 22, 2025)
Size: 2,262 sq ft | Bedrooms: 3 | Bathrooms: 4 (2 full, 2 half)
Listing Type: Single-family Colonial built in 1961 with traditional charm and great bones Search

Description

“Rare Colonial in Lawrence Park—First Time on Market in 52 Years!” Discover 621 S Central Blvd—a charming Colonial in Broomall’s Lawrence Park, on the market for the first time since 1973. Preserved by one owner and full of potential, this home features 3 bedrooms, 4 baths, a thoughtful layout with formal and casual spaces, a cozy family room, and a finished basement with wet bar. With hardwood floors concealed beneath carpeting, you’ll enjoy a blend of classic character and modern convenience. Relax in your screened porch overlooking a fenced yard with a storage shed. Located just minutes from highways, the airport, shops, parks, and within the Marple-Newtown School District (Loomis Elementary within walking distance), this is suburban living at its best. Priced at $550,000 with low taxes, this is a prime opportunity to refresh and make it your own. Don’t let this one slip away—schedule your tour today!

621 S. Central Ave, Broomall, PA. 19008

Prime Location

  • Convenient access to major highways, the airport, public transportation, shopping, dining, parks, and low Marple Township taxes.
  • Within the highly regarded Marple-Newtown School District; Loomis Elementary is within walking distance.

Interior Highlights

  • Classic center-hall Colonial layout: family room with built-in shelving and window seat, formal living and dining rooms with a handy pass-through to the kitchen.
  • Well-equipped kitchen: gas cooktop, electric double wall oven, dishwasher, disposal, and separate eating area.
  • Laundry room doubles as pantry, opening to a rear screened porch, fenced level yard, and storage shed.
  • Two upper-level bedrooms plus a primary suite with full ceramic tile bath. Hardwood floors lie beneath the carpeting throughout the main and second levels.

Lower Level & Systems

  • Finished basement with entertaining space and built-in wet bar.
  • Baseboard, zoned, natural gas heating; ceiling fans, window units, and electric cooling.

Exterior & Property Features

  • Lot size: 8,276 sq ft | open parking for 3 on asphalt driveway. No garage.
  • Fenced yard, screened porch, storage shed, chain-link and wood fencing, sidewalks and streetlights enhance walkability.
  • Asbestos siding; condition rated “Very Good.” Appliances include kitchen refrigerator, washer/dryer, porch furniture, a basement freezer, shelving, and laundry storage.

Market Snapshot

  • Price per square foot: ~$243
  • Just listed (under 1 day on Trulia)
  • Property taxes (2025): $6,195; Assessed value (2025): $333,640
  • Similar nearby homes sold between $510K and $600K+, with sizes both larger and smaller—it’s a competitive price point for the area.

Neighborhood Insights

The Lawrence Park area of Broomall is celebrated for being dog-friendly (91%), nice yards, safe and quiet streets, and a strong sense of community. Locals say: “Everyone keeps to themselves… new families with young children moving in… I love the community!”

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 621 S. Central Ave, Broomall, PA. 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 621 S. Central Ave, Broomall, PA. 19008.

Listing courtesy of Bill McFalls – RE/MAX Preferred – Newtown Square

Aug 21

21 Summit Ave, Broomall, PA. 19008 – Delco / Delaware County PA. Home.

21 Summit Ave, Broomall, PA. 19008 – Delco

Selling Spotlight: What 21 Summit Ave Reveals About the Broomall Market

Property at a glance:

  • 3 bedrooms, 1.5 bathrooms
  • 924 sq ft
  • Estimated value: $411,300 as of July 20, 2025

This modest yet inviting home provides a valuable lens into Broomall’s real estate dynamics—offering key takeaways for sellers looking to optimize their listing strategy in today’s market.

Understanding the Market Through 21 Summit Ave

1. Strong Per-Square-Foot Pricing

At just under 1,000 square feet, this home’s valuation suggests robust demand even for smaller, efficiently designed properties. Sellers in this size range can feel confident that well-maintained starter homes remain competitive assets in Broomall.

2. Neighborhood Context Matters

Broomall—part of Marple Township—is celebrated for its suburban charm, historic character, strong schools, and easy access to Philadelphia. These factors consistently contribute to buyer interest and solid valuations.

3. Comparable Benchmarks

Nearby comparable listings further illustrate the neighborhood’s pricing range:

  • 24 Summit Ave (3 beds, 2 baths, 1,726 sq ft): estimated at $485,700
  • 29 Summit Ave (4 beds, 2.5 baths, 2,004 sq ft): estimated at $512,600

These figures reflect how home size and features scale the valuation—and underscore that even smaller homes like 21 Summit hold strong value.

4. Buyer Appeal Is Broad

Broomall draws buyers across the board—first-time homeowners, downsizers, and professionals seeking commuter-friendly, family-oriented communities. Highlighting proximity to parks, local landmarks, and the area’s walkability can boost listing performance.

Seller Strategies Inspired by 21 Summit Ave

Here are impactful tips derived from this listing to help your home shine:

StrategyWhy It Works
Optimize for sizeSmaller homes can appeal to budget-minded buyers—focus on staging and functionality.
Highlight locationEmphasize Broomall’s amenities: schools, parks, commuter routes, and historic charm.
Benchmark smartlyUse local comparables to price competitively and attract serious buyers.
Maximize photos & stagingInvest in lighting, decluttering, and inviting aesthetics to make every square foot count.
Create buyer urgencyQuick visibility, early listing buzz, or competitive formatting (e.g., offers by deadline) can spur action.

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 21 Summit Ave, Broomall, PA. 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 21 Summit Ave, Broomall, PA. 190088.

Listing courtesy of Leo Day – Compass RE

Aug 21

Solving the Housing Shortfall: Insights from Economist Nadia Evangelou

Homes on the market have surged—up nearly 20% compared to a year ago—offering a glimmer of hope in a market long hindered by limited inventory. While this uptick slightly eases price pressures in some regions, supply still falls well short of demand in many markets, keeping a large group of prospective buyers locked out. 

Who’s Disadvantaged in Today’s Market?

Nadia Evangelou, Senior Economist and Director of Real Estate Research at NAR, points out that middle-income buyers face the greatest affordability challenges. Despite experiencing strong recent gains, many remain excluded—over half of the current listings remain unaffordable to this group. Governments have begun to respond with zoning reforms and construction incentives, but more aggressive and widespread action is needed. Evangelou estimates that hundreds of thousands more homes priced under $260,000 are required to restore market balance. 

Unequal Access Across Income Levels

There’s a sharp contrast between income groups: buyers earning under $50,000 can afford fewer than 1 in 10 listings, starkly limiting opportunities for first-time and lower-income buyers. This inequality has ripple effects throughout the housing market—impacting everything from move-up purchases to overall transaction volumes. 

Builder Response: Smaller Isn’t Enough

Builders are adapting by constructing smaller homes—a promising shift that began in 2024. The current median square footage is the smallest in over a decade. Yet, affordability remains difficult to achieve due to high land and materials costs, along with zoning constraints; building homes under $260,000 often doesn’t add up financially. 

Regions Making Headway: Raleigh and Des Moines

Some metros are bucking the trend. Raleigh, NC, and Des Moines, IA, are making strides by boosting housing supply across price categories and adopting flexible local policies—making them promising models for other areas seeking affordability. 

Long-Term Solutions for Lasting Relief

Though there’s no magic fix, Evangelou highlights a few key strategies:

  • Reform zoning and land use policies, including embracing inclusionary zoning, smaller lots, duplexes, and infill development to reduce construction barriers.
  • Provide incentives—such as tax credits or favorable financing—to builders expanding affordable options.
  • Support down payment assistance programs, enhancing access to homeownership for buyers with good credit who lack savings.
  • Track progress with data tools, like the REALTORS® Affordability Distribution Score, helping pinpoint successful approaches in metros like Raleigh or Grand Rapids that others can emulate.

Will Higher Inventory Ease Prices?

In markets with growing inventory—especially in parts of Florida, the South, and Midwest—price growth is beginning to slow, offering relief to buyers. However, in expensive coastal areas, improvements remain limited, unless more affordability-oriented construction is launched. National Association of REALTORS®

The Persistent Challenge for First-Time Buyers

More listings help—but not if they remain out of reach. For many first-time buyers, particularly those with lower incomes, options under $200,000 remain scarce, limiting entry into homeownership regardless of overall inventory increases. 

The Role of Down Payment Assistance

Evangelou emphasizes that while down payment assistance (via grants or low‑interest loans) helps make homeownership attainable, it must be paired with affordable housing supply. Otherwise, well-prepared buyers still end up competing over the same limited offerings. 

Is There Hope for the Housing Crisis?

Yes—but progress remains uneven. Inventory growth is a positive sign, but if new listings are predominantly high-end homes, affordability won’t improve. So while the situation is moving in the right direction, the crisis is far from over. 

How Real Estate Professionals Can Help

NAR members play a crucial role: guiding buyers on what’s financially realistic, managing expectations, and connecting them to resources like down payment assistance. In a competitive housing environment, having knowledgeable support can make all the difference. 

Summary

Key InsightTakeaway
Middle-income buyers struggle mostOver 50% of homes are unaffordable
Uneven accessLow-income buyers see fewer options
Builder responseHomes shrinking in size but still pricey
Success storiesRaleigh, Des Moines show balanced growth
Solutions neededZoning reform, incentives, assistance, data
Caution on inventoryPrice easing only in select regions
First-timer pain pointAffordable entry-level options remain limited
Down payment helpUseful only paired with affordable supply
OutlookPromising, but much work remains
Role of NAR prosEssential in advising and supporting buyers

Source: REALTOR® Magazine
“Q&A With Economist Nadia Evangelou: Solving Housing’s Shortfall”
National Association of REALTORS®
Reprinted with permission

Aug 19

Mortgage Forbearance and Its Ripple Effects in Today’s Housing Market

What Is Mortgage Forbearance?

Mortgage forbearance is a temporary arrangement with your lender that allows you to pause or reduce mortgage payments when facing a short-term financial hardship—like job loss, illness, or natural disaster. While forbearance offers breathing room, it doesn’t cancel what’s owed. Deferred payments and accrued interest must eventually be repaid under agreed terms.

Why Forbearance Became So Prominent During COVID-19

The COVID-19 crisis propelled mortgage forbearance into the spotlight. Under the CARES Act, roughly 8 million homeowners paused their payments—helping most avoid foreclosure. This stands in stark contrast to the 2008 recession, when such relief options were less accessible.

Forbearance Has Shrunk—Steady, But Still There

By the end of March 2025, only about 180,000 U.S. homeowners were in forbearance—just 0.36% of all mortgages—down sharply since the pandemic peak. Many cases stemmed from temporary crises—like job loss or divorce—while about 21% were due to natural disasters.

Exit Paths After Forbearance

Most homeowners leave forbearance with a repayment strategy in place. According to Mortgage Bankers Association data:

  • 77% exit with a “workout” plan—options like loan deferrals, resumed payments, or modifications.
  • Only about 10% choose to sell their home upon exiting forbearance.

How Forbearance Shapes Housing Supply and Home Values

The impact of forbearance extends beyond individual homeowners:

  1. Preventing a Wave of Foreclosures
    During the pandemic’s early stages, forbearance helped avert massive foreclosure waves, stabilizing the housing market.
  2. Supply Relief, Not a Glut
    If even a portion of homes exiting without workout plans go into foreclosure—say, one-third—it’d only add a modest supply to the market, helping ease housing tightness rather than destabilizing prices.
  3. Supporting Home Values
    The Federal Reserve noted that by allowing financially strained homeowners to stay put, forbearance helped limit housing supply and buoyed prices—adding around 0.6 percentage points to home price growth between April and August 2020.

For Real Estate Pros: What Sellers and Agents Should Know

  • Home Sellers in Forbearance
    Sellers must fully understand the total payoff obligation—it includes the original loan plus deferred payments, fees, and interest. Be transparent with your agent about any forbearance status to avoid surprises.
  • Agents Need Strategic Counseling Tools
    Real estate professionals should:
    • Guide clients toward servicer-provided advice and options.
    • Help structure sale plans that cover forbearance balances.
    • Manage expectations to avoid sale delays or fallout.

Bottom Line: Forbearance as a Stabilizing Tool

Forbearance remains a vital safety net—helping homeowners through temporary setbacks and preventing foreclosures from overwhelming the housing market. While it’s not a cure-all, combined with job recovery and strong home values, it’s helped the market avoid the severe consequences seen in previous downturns.

Source: REALTOR® Magazine
“Mortgage Forbearance and Its Impact on Home Sales”
National Association of REALTORS®
Reprinted with permission

Aug 19

2612 Summit Ave, Broomall, PA. 19008 – Delco / Delaware County PA. Home.

Charming & Spacious: 2612 Summit Ave, Broomall, PA

Price: $559,000 — approximately $212 per sqft
Bed / Bath: 3 Beds, 2.5 Baths
Living Space: 2,642 sq ft on a 0.25-acre lot

2612 Summit Ave, Broomall, PA. 19008

Welcome Home

The moment you step through the door, you’re greeted by a welcoming living room centered around a cozy fireplace—an inviting scene for gatherings and quiet nights alike. Add in a formal dining room and you have the perfect canvas for entertaining or intimate family dinners.

Work & Play, All on One Level

The main floor includes a flexible office space complete with a full bath—ideal for remote work setups or as a convenient guest suite.

Cook & Relax in Style

Enjoy the updated kitchen with stainless steel appliances and timeless granite counters that flow seamlessly into a sun-filled family room. Vaulted ceilings, recessed lighting, and sliding doors create an airy, light-filled retreat that leads directly to a rear deck over a fully fenced backyard—perfect for barbecues, morning coffee, or watching the kids play.

Space for Everyone

Upstairs, you’ll find three spacious bedrooms and a luxurious, spa-like hall bath featuring a soaking tub, dual-sink vanity, and oversized glass-enclosed shower—offering a serene escape at the end of the day.

Bonus Living Space & Practical Features

Don’t overlook the partially finished basement, which adds more room to relax, play, or work. A convenient powder room and plenty of storage space round out this lower level—ideal for adaptation to your lifestyle needs.

Peace of Mind Built-In

Equipped with a Generac generator, this home helps ensure you stay comfortable and powered during unexpected outages—a standout feature for those seeking a home that delivers both style and substance.

Prime Location in Marple Township

  • Top-rated Marple Newtown School District — a major draw for families
  • Seamless commuting — close to Route 476, West Chester Pike, and Sproul Road
  • Local convenience — shops, parks, and amenities nearby make everyday living easy

Why 2612 Summit Ave Stands Out

  1. Modern Living in Classic Surroundings – Renovated interiors with cozy fireplaces and sleek finishes.
  2. Smart Layout – A main-floor office, open-concept living spaces, and usable outdoor areas.
  3. Functional Flexibility – From a finished basement to a reliable generator, this home is built for comfort.
  4. Location Perks – Great schools, commuting access, and community amenities in a peaceful neighborhood.

Market Snapshot

Similar nearby properties are listed between approximately $465K to $900K, making 2612 Summit Ave a compelling value at $559K, especially given its updates and added features.

Final Thoughts

2612 Summit Ave offers a modern, thoughtful layout that blends everyday practicality with elevated comfort. With its updated interiors, flexible spaces, and prime location, it’s a home that promises both ease and elegance.

Thinking of buying or showcasing this property? Ask me for neighborhood highlights, pricing context, or staging suggestions to make this listing shine even brighter.

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 2612 Summit Ave, Broomall, PA. 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 2612 Summit Ave, Broomall, PA. 19008.

Listing courtesy of Mr. Gary A Mercer SR. – LPT Realty, LLC

Aug 18

2789 Highland Ave, Broomall, PA. 19008 – Delco / Delaware County PA. Home

Discover 2789 Highland Ave — A Timeless Blend of Character & Modern Living in Broomall

Just hit the market on August 16, 2025—this elegant expanded split-level home is a true standout. At 2,350 sq ft, resting on a sprawling 0.54‑acre lot, it’s already generating buzz—it’s estimated to sell faster than 99% of nearby homes.

2789 Highland Ave, Broomall, PA. 19008

A Warm Welcome & Elegant Interiors

Step inside to a nostalgic yet refined foyer leading into a luminous living room bathed in daylight from a striking floor-to-ceiling window—ideal for cozy evenings or even showcasing a baby grand piano.

Flow gracefully into the formal dining room, complete with built-in buffet, and continue into the gourmet kitchen—the perfect blend of style and function. Think: granite countertops, sleek tile backsplash, stainless steel appliances, double ovens, a large center island, and a handy built-in desk area.

Indoor-Outdoor Harmony

The kitchen opens to a covered patio overlooking a lush, expansive backyard—ideal for entertaining, gardening, or peaceful personal time. The enclosed vegetable garden invites you to plant herbs, flowers, or fresh veggies.

Comfort Meets Versatility Upstairs

Upstairs, enjoy a serene primary bedroom with dual double closets and a private half bath. Two additional spacious bedrooms offer flexibility—for family, guests, or a home office. A full shared bath and a full attic (perfect for storage or future expansion) round out the upper level’s thoughtful layout.

Entertainer’s Dream Downstairs

The lower level is a party-ready haven—featuring a cozy brick fireplace, stylish wet bar with refrigerator, built-in cabinetry, and easy access to a full bath and laundry room. Direct entry to the garage—complete with a customizable wall of cabinetry and countertop—adds practicality to the mix.

Smart Design & Plenty of Parking

The home boasts both a garage and carport, plus additional spaces—totaling up to 6 parking spots—ensuring ease for family and guests alike. The mix of brick and vinyl siding speaks to both durability and classic charm.

Built to Last, Ready for You

  • Year Built: 1958—timeless craftsmanship with modern upgrades
  • Condition: Excellent, move-in ready
  • Heating/Cooling: Efficient forced air, central AC, natural gas (plus strong electric service)
  • Listing Price: $659,000 → $280 per square foot
  • Property Taxes (2025): $7,074—with assessment at $380,980
  • Schools: Part of the Marple Newtown School District—Worrall Elementary (K–5), Paxon Hollow Middle (6–8), Marple Newtown Senior High (9–12)

Neighborly Charm in Broomall

This home is nestled in a friendly, safe community—described by residents as quiet, dog-friendly, well-lit, with well-kept yards and sidewalks. Many appreciate its long-term appeal and close-knit sense of belonging:

“Everyone keeps to themselves… new families with young children… I love the community!”
“Great schools and great neighborhoods… lower taxes and close to the airport.”

Market Context & Nearby Comparables

  • The Broomall area’s median home value is hovering near $577K, with well-maintained homes ranging between $530K–$675K for comparable sizes and features.
  • Similar homes nearby have sold between $645K and $670K, confirming the $659K price aligns well with market value.
  • Location advantages include proximity to parks, schools, shopping, public transit, and major highways.

Why 2789 Highland Ave Stands Out

  • Stylish interiors with timeless appeal
  • Expansive lot offering outdoor flexibility and privacy
  • Thoughtful layout: upstairs for family, downstairs for entertainment
  • Strong school district and low tax profile
  • Excellent value in today’s local market

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 2789 Highland Ave, Broomall, PA. 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 2789 Highland Ave, Broomall, PA. 19008.

Listing courtesy of Larry Besa – BHHS Fox&Roach-Newtown Squar

Aug 18

Gain a Local Advantage with the New NAR Metro Market Statistics Dashboard

A Powerful Member-Only Resource

NAR has introduced a brand-new, member-exclusive tool: the Metro Market Statistics Dashboard. Think of it as your one-stop shop for local housing market insights—updated every month and tailored to over 200 metropolitan areas. It delivers a clear snapshot of local market conditions, including:

  • Housing affordability trends
  • Home prices and their direction
  • Sales and listing activity
  • Key economic indicators
  • Demographics and homeownership patterns

As NAR Chief Economist Lawrence Yun puts it, this dashboard helps members “stay ahead of the market and better serve their clients” by providing exclusive, data‑driven insights into affordability, demand, and economic shifts

Visual Insights at a Glance

The dashboard offers interactive visuals such as:

  • Median home price trends
  • Housing construction data
  • Proportions of income spent on housing (both renters and homeowners)
  • Average monthly payments
  • Local job and wage growth stats

Users can export these custom charts to elevate their marketing materials—whether it’s newsletters, social media posts, or client presentations.

Local vs. National: See How Your Market Compares

One standout feature: the tool enables side-by-side comparisons of metro areas against nationwide trends. For example:

  • If mortgage rates dropped to 6%, an additional 5.5 million households (including 1.6 million renters) might afford a median-priced home
  • Certain metros—Atlanta, Dallas, Minneapolis, Cleveland, and Kansas City—would see stronger markets under that scenario

Get a Firsthand Demo

Lawrence Yun will showcase the new dashboard during the Real Estate Forecast Summit Webinar on Wednesday, July 16, 2025, from 2 to 3 p.m. ET. He’ll also share his midyear housing forecast, making it a must-attend for members looking to stay informed

In Summary: Why It Matters

  • Exclusive Access: Only available to NAR members
  • Monthly Updates: Ensures data stays fresh and relevant
  • Broad Coverage: Over 200 metro areas included
  • Dynamic Insights: Covers affordability, prices, sales, economic context, and demographics
  • Custom Visuals: Easy to export and integrate into client-facing materials
  • Comparative Analysis: See your local market versus national benchmarks—especially valuable amid changing mortgage rates

Source: REALTOR® Magazine
“Get a Local Market Edge With the New NAR Research Dashboard”
National Association of REALTORS®
Reprinted with permission

Aug 15

The “Magic” Mortgage Rate That Could Heat Up the Market

Even as mortgage rates remain elevated, buyer interest is waiting on a trigger—and according to the latest from the National Association of REALTORS® (NAR), that trigger is a 30-year fixed rate of 6%.

Why 6% Matters Now

NAR economists estimate that a drop to 6% would expand affordability to an additional 5.5 million households, including 1.6 million renters. Crucially, around 10% of those newly qualifying households—some 550,000 buyers—could act and purchase a home within the coming 12–18 months .

Metro Areas Poised for Growth

At NAR’s July Real Estate Forecast Summit, real estate professionals learned that metro markets such as Atlanta, Dallas, Minneapolis, Cleveland, and Kansas City stand to see the most notable increases in home sales if rates indeed dip to that 6% threshold .

When Could This Happen?

As of July 10, the average 30-year fixed mortgage rate stood at 6.72%.. However, Federal Reserve policymakers are expected to cut short-term interest rates several times over the next 12 to 18 months, potentially helping mortgage rates fall toward that key 6% mark by 2026. NAR forecasts suggest that such a shift could deliver a 14% boost in home sales for 2026, compared to just 3% growth in 2025.

Buyer Behavior: To Wait or To Act?

Inventory is finally on the rise—existing homes for sale were up 20% year-over-year, even as some markets saw inventory jump by as much as 80%. That means buyers may have more leverage than before, with some listing agents reporting price reductions as well.

NAR still expects modest nationwide price growth: 1% in 2025, followed by a stronger 4% in 2026. Meanwhile, record-high homeowner equity—from rising home values and low delinquency rates—continues creating a wealth gap that favors current owners, reinforcing the urgency for new buyers to act .

Outlook at a Glance

Metric2025 Forecast2026 Forecast
Existing-Home Sales+3%+14%
New Home Sales+5%+5%
Median Home Price Increase+1%+4%
Average 30-Year Mortgage Rate~6.7%~6.0%
Job Gains – Estimated+1.6M+2M

National Association of REALTORS®
Reprinted with permission

Aug 15

937 Hunt Road, Radnor, PA 19008 – Delco / Delaware County PA. Home.

A Charming Brick Colonial in Radnor Township – Coming Soon!

937 Hunt Rd, nestled in the Heart of Radnor Township’s highly sought‑after 19008 ZIP code, is about to hit the market—listings open Thursday, August 21, 2025 from 12 PM to 2 PM

Property Overview

  • Price: $985,000
  • Type: Classic Brick Colonial
  • Built: 1978
  • Size: 2,672 sqft, sitting on a picturesque 0.78-acre lot (~33,977 sq ft)
  • Layout: 4 bedrooms, 2 full baths, 1 half bath (essentially “2.5 baths”)

937 Hunt Road, Radnor, PA 19008

Highlights & Upgrades

Lovingly maintained by the same owners for over four decades, this property exudes timeless elegance and meticulous care .

  • Exterior & Landscape: A gently sloped driveway leads to a new stone path and updated front entry, surrounded by lush greenery and a warm brick façade .
  • Main Level:
    • Welcoming foyer opens into a formal living room with gleaming hardwood floors.
    • An elegant dining room graced with a bay window offering peaceful backyard views.
    • Spacious eat‑in kitchen: rich solid‑wood cabinetry, center island, pantry, and glass sliders to the deck.
    • Cozy family room featuring a new gas fireplace and easy access to the rear porch.
    • Dedicated laundry room and powder room for added convenience .
  • Second Floor:
    • Primary suite with dual closets and luxurious ensuite bath—featuring heated floors, a towel warmer, and glass shower with seat.
    • Three additional bedrooms share a newly tiled hall bath .
  • Lower Level: Fully finished with updated flooring and insulation; offers flexible space with direct garage access and storage .
  • Outdoors: Expansive composite deck descending to a private, leafy backyard ideal for relaxation or entertaining.
  • Additional Perks: Includes a home generator, newer HVAC, plus award‑winning Radnor Township school district .

Living in Radnor Township

This location offers both serenity and convenience — minutes from charming Wayne and Bryn Mawr, with easy access to commuter routes for Philadelphia and surrounding areas.

Elegant, inviting, and brimming with thoughtful upgrades—937 Hunt Rd is a beloved family home coming soon to market in Radnor Township. Nestled on a generous 0.78‑acre lot, this 2,672 sq ft brick colonial built in 1978 has been cherished by its original owners for over 40 years.

Your journey home begins along a serene, tree‑lined drive, winding up to a new stone pathway and freshly refreshed front entry. Stepping inside, the foyer opens into bright, hardwood‑floored formal living spaces—perfect for welcoming guests or enjoying peaceful evenings by the fire.

The adjacent dining room rests beneath a bay window, offering tranquil views of the backyard, while the eat‑in kitchen delights with solid‑wood cabinetry, a central island, and seamless access to the deck—ideal for indoor‑outdoor living.

Warmth pervades the home: the family room anchors the main level with a new gas fireplace and porch access, while a well‑located laundry room and powder room add convenience and flow to everyday life.

Upstairs, escape to the spacious primary suite featuring dual closets and a luxe ensuite with heated floors, towel warmer, and bench‑seated glass shower. Three additional bedrooms are just steps away, sharing a newly tiled hall bath.

The lower level extends your living space with modernized flooring, insulation, and direct access to the two‑car garage—perfect for play, work, or storage.

Outside, a sprawling composite deck overlooks a private, leafy yard—a peaceful backdrop for relaxing afternoons or summer gatherings.

Some standout touches? A home generator ensures comfort in any season; newer HVAC improves efficiency. And living here means enjoying Radnor Township’s top‑rated schools and a location that balances tranquility with accessibility—close to Wayne, Bryn Mawr, and key commuter routes.

Mark your calendar: Open houses start Thursday, August 21, 2025, from 12–2 PM. At $985,000, this home captures the essence of timeless craftsmanship and thoughtful updates—waiting for the next chapter.

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 937 Hunt Road, Radnor, PA 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 937 Hunt Road, Radnor, PA 19008.

Listing courtesy of Haven Duddy – BHHS Fox & Roach Wayne-Devon

Aug 14

207 Bramber Drive, Broomall, PA. 19008 – Delco / Delaware County Home.

Welcome to 207 Bramber Drive: A Charming Split-Level Home in Lawrence Park

Price: $545,000
Size: 1,708 sq ft | Bedrooms / Baths: 3 beds, 2 full baths
Built: 1956 | Style: Expanded multi-level split home in the sought-after Lawrence Park neighborhood in Broomall, PA.

207 Bramber Drive, Broomall, PA. 19008

Key Features & Layout

  • Inviting Living Spaces
    The first floor welcomes you into a bright living room anchored by a large bay window and complemented by a double coat closet. A formal dining room with sliders opens directly to the deck—perfect for indoor-outdoor flow. The private backyard includes a shed and an oversized detached two-car garage.
  • Updated & Functional Kitchen
    The eat-in kitchen is spacious and thoughtfully updated, ideal for both cooking and casual family meals.
  • Comfortable Lower Level
    The expanded lower level offers a cozy gas fireplace, sliders to the side yard, and a convenient mudroom/laundry area with rear access—perfect for easy entry from the garage. This floor also features a full bathroom.
  • Restful Upper Level
    Upstairs, you’ll find three generously sized bedrooms and a modernized hall bath. The two-level attic provides exceptional storage space.
  • Ample Parking
    The long driveway accommodates 4+ vehicles in addition to the detached garage, offering plenty of off-street parking.

Property Highlights at a Glance

FeatureDetails
ParkingDetached oversized 2-car garage + long driveway (4+ spaces)
Outdoor SpaceDeck, private backyard, storage shed
Heating/CoolingForced air (natural gas), central A/C
FireplaceGas/Propane, stone
Lot SizeApprox. 7,405–7,408 sq ft
No HOAFreedom to personalize without restrictions
Price per Sq FtAround $319
Status“Coming Soon” listing, just posted 1 day ago; immediate possession available
SchoolsLoomis Elementary (8/10), Paxon Hollow Middle (6/10), Marple Newtown High (7/10) — all part of Marple Newtown School District Trulia Real Estate SearchCompass

PLEASE NOTE: Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale, they may also have updated pricing and conditions. Please Contact Me for more information about this home for sale at 207 Bramber Drive, Broomall, PA. 19008. and other Homes for sale in Delaware County PA and the Wilmington Delaware Areas
Anthony DiDonato
ABR, AHWD, RECS, SRES, SFR
CENTURY 21 All-Elite Inc.
Home for Sale in Delaware County PA Specialist
3900 Edgmont Ave, Brookhaven, PA 19015
Office Number: (610) 872-1600 Ext. 124
Cell Number: (610) 659-3999 {Smart Phones Click to Call}
Direct Number: (610) 353-5366 {Smart Phones Click to Call}
Fax: (610) 771-4480
Email: anthony@anthonydidonato.com
Call me for info on this home for sale at 207 Bramber Drive, Broomall, PA. 19008.

Listing courtesy of Heather Griesser Lapierre – Keller Williams Realty Devon-Wayne

Aug 14

Homeowners Reaping Big Equity Gains Despite Cooling Sales

Even though home sales slowed significantly in June, homeowners are still seeing impressive equity growth. Here’s a breakdown of what’s happening:

Housing Market Overview

  • Sales dipped by 2.7% in June, matching the sluggish pace seen last year for existing homes (single-family, townhomes, condos, co‑ops). Nar Realtor

Prices Are Still Rising

  • The median home price in June hit $435,300, a record high for the month and up 2% from the prior year. Nar Realtor
  • Over the past five years, homeowners have seen an average gain in home equity of $140,900. Nar Realtor
  • The wealth gap between owners and renters remains wide—NAR projects that by 2025, homeowners’ median net worth could reach $430,000, compared to just $10,000 for renters. Nar Realtor

Inventory and Buyer Behavior

  • Inventory is improving: unsold homes in June rose by about 16% year-over-year, though supply still lags behind demand. Nar Realtor
  • All-cash purchases accounted for nearly 30% of sales, a historically high share. Many repeat buyers are leveraging cash from previous home sales. Nar Realtor

Regional Trends

  • Northeast: Sales down 8% month-over-month; median price rose 4.2% year-over-year to $543,300.
  • Midwest: Sales decreased by 4%, with prices up 3.4% to $337,600.
  • South: Sales fell 2.2%; prices edged up 0.3% to $374,500.
  • West: Sales rose 1.4% from May, but were down 4.1% year-over-year; median price up 1% to $636,100. Nar Realtor

What’s Holding Buyers Back—and What Might Help

  • Elevated mortgage rates (mid‑ to high‑6% range) remain the main challenge for buyers. Nar Realtor
  • NAR economist Lawrence Yun suggests that if rates drop to around 6%, about 5.5 million more households—including 1.6 million renters—could afford median-priced homes. Nar Realtor
  • If interest rates ease later this year, improved affordability, steady economic growth, and job gains may reinvigorate the housing market. Nar Realtor

Summary

Even as home sales cool, owners are seeing solid equity gains—thanks to rising prices and limited home inventory. While affordability remains a hurdle due to high interest rates, there’s hope if rates decline. Homeowners continue to build wealth, while buyers wait in the wings for better conditions

National Association of REALTORS®
Reprinted with permission

Aug 12

Housing Market Sees an Uptick in Listings, But Buyers Are Staying Cautious

The housing market is showing some signs of change, as more homes are making their way onto the market—but prospective buyers are holding back. Despite the rise in inventory, buyers aren’t rushing in to make deals. So, what’s causing this hesitation, and what does it mean for both sellers and buyers?

More Homes on the Market, But Demand Is Cooling Off

After months of tight supply, the real estate market is finally seeing an increase in homes listed for sale. New data reveals a steady uptick in inventory, with many sellers taking advantage of a more balanced market to list their properties. For those who have been eagerly awaiting a wider selection, it may seem like a golden opportunity to jump in.

However, while more listings may sound promising, buyers aren’t exactly flooding the market. In fact, many are remaining cautious and carefully considering their options. The fact is, high mortgage rates, economic uncertainty, and rising home prices are still keeping many would-be buyers on the sidelines.

Why Buyers Are Hesitant

Though more homes are being listed, the higher cost of borrowing is a major barrier for potential buyers. Mortgage rates, which have been hovering around 7% or higher, are making it harder for buyers to afford homes. For many, these rates add significant monthly costs, forcing them to rethink whether now is the right time to buy.

  • Higher Mortgage Rates: The reality of paying more for a loan has left many buyers feeling uncertain. A higher monthly payment means buyers must be more selective in their home search, and many are opting to wait for rates to drop.
  • Rising Home Prices: While more homes are hitting the market, prices remain relatively high. This combination of elevated home prices and costly mortgage rates is keeping some buyers at bay, as they weigh whether it’s better to hold out for more favorable conditions.

Sellers Feeling the Shift

For sellers, the surge in listings means increased competition, and many are adjusting their expectations. The days of quick sales at above-list prices are largely behind us, and sellers may need to be more flexible with pricing or terms to attract buyers.

  • Price Adjustments: In response to the cooler demand, some sellers are adjusting their asking prices or offering incentives to attract buyers. The market has shifted from a seller’s advantage to a more balanced scenario, where both parties need to meet in the middle.
  • Longer Time on Market: Homes are sitting on the market longer before securing a buyer. For sellers hoping for a fast transaction, this can be frustrating, but it’s becoming the norm as buyers take their time.

What’s Next for the Housing Market?

While the market may seem like it’s in a bit of a holding pattern, that doesn’t mean it’s all doom and gloom. Experts suggest that as mortgage rates eventually stabilize or decrease, demand may pick up again. Buyers will likely return in full force once they feel more confident that they can afford a home without stretching their finances too thin.

  • A More Balanced Market: In the long run, the increase in listings and steadier buyer behavior could lead to a healthier, more balanced housing market. For both buyers and sellers, patience will be key as conditions shift.
  • Opportunities for Savvy Buyers: For those willing to act now, there are still opportunities to find good deals, especially if they’re willing to negotiate on price or terms.

Conclusion: A Wait-and-See Approach

While the housing market has seen a rise in inventory, buyers are still taking a cautious approach. With higher mortgage rates and home prices still relatively high, many are opting to wait for a more favorable environment before making a move. For sellers, this means adjusting expectations and being open to negotiating. For buyers, it’s about staying patient and waiting for the right time to make a move.

In the coming months, we may see shifts that favor either party as market conditions continue to evolve. Whether you’re a buyer or a seller, understanding these changes will help you navigate the current market with confidence.