How to Better Protect Homes Against Wildfires As wildfires rage in the West, scorching millions of acres and burning homes and businesses, researchers are investigating what more can be done to better protect homes against blazes. Researchers at the Insurance Institute for Business & Home Safety first determined what causes homes to ignite during a …
Category: Real Estate Tips
Sep 23
Buyers Waive Inspections to Avoid Delays
Buyers Waive Inspections to Avoid Delays The hot housing market is prompting an increase in waived home inspections. But while in the past it has been an option for buyer concessions, it’s now not always being done to make an offer more enticing in a bidding war. Home inspectors in some areas of the country …
Sep 23
Buy Now or Wait a Year?
If you have been considering buying a home, now is the time! With the help of myself and John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor #HomePurchase #BuyersMarket #FreedomFast
Sep 21
1M Delinquent Homeowners Haven’t Asked for Forbearance
1M Delinquent Homeowners Haven’t Asked for Forbearance Homeowners who have failed to take advantage of pandemic-related mortgage assistance may be at risk of losing their properties. A little more than a million owners nationwide are at least 30 days past due on their monthly payments and haven’t entered a forbearance program or engaged their lender …
Sep 21
Majority of Young Adults Are Now Living With Their Parents
Majority of Young Adults Are Now Living With Their Parents Empty nest no more? The COVID-19 pandemic has prompted millions of young adults to move back in with their parents since the spring. The majority of 18-to-29-year-olds now live with their parents, surpassing the previous peak during the Great Depression, the Pew Research Center reports. …
Sep 17
Which Suburban Areas Have the Biggest Apartments
Which Suburban Areas Have the Biggest Apartments Americans have been in search of more living space since the COVID-19 pandemic began, and they’re willing to move in order to find it. RENTCafe, a national apartment listing service, recently analyzed 900 suburban markets across the country to find the most spacious apartments in buildings with more …
Sep 17
Affordability Dips as Home Prices Reach All-Time High
Affordability Dips as Home Prices Reach All-Time High From June to July, median sales price rose by 8.5%, more than double the 4.1% increase seen in family income levels, the National Association of REALTORS® reports. But mortgage rates that have fallen to all-time lows are helping to offset some of the rising costs. As of …
Sep 16
Many Renters Can afford to buy a home – they just don’t realize it.
Many Renters Can afford to buy a home – they just don’t realize it. Misconceptions You need a lot of cash to buy a home Your monthly payment would be more than you could afford Today’s housing market is the wrong time to purchase. Reality Low down payment options are available There are loan …
Sep 14
Mortgage Applications Are 40% Higher
Mortgage Applications Are 40% Higher The home shopping spree continues. Typically, the end of August sees a slowdown in the housing market, but this year, real estate has shown no signs of letting up. Mortgage applications to purchase a home increased 3% last week compared to the previous week. But it’s the year-over-year jump of …
Sep 14
5 Timeless Kitchen Trends
5 Timeless Kitchen Trends Kitchens can be expensive to renovate, so help homeowners choose upgrades that will stand the test of time—and outlast trends that come and go. Life Rejoice, a home improvement blog, has offered up 40 timeless kitchen trends. Here’s a peek at five. 1. Quartz Engineered quartz will continue to be a …
Sep 10
Should Buyers Pay Points on a Mortgage?
Should Buyers Pay Points on a Mortgage? Mortgage borrowers often have a choice to pay more up front in points to get an interest rate reduction or save money and accept a higher rate. It’s a choice that more buyers are considering, particularly jumbo borrowers—those who borrow more than $510,400 in most locales. High balance …
Sep 10
Housing Market Is on a Sugar High
Housing Market Is on a Sugar High Buyers continue to face fierce competition from a limited number of homes for sale, which continues to fuel bidding wars across the country. Daren Blomquist, vice president of market economics at Auction.com, told MarketWatch that “the housing market is on a sugar high brought on by government stimulus …
