Mortgage rates are quickly rising and home buyers are trying to snatch up low rates before further increases. Rate lock activity jumped in March as the average 30-year fixed-rate mortgage neared 5%, according to Black Knight’s March Originations Market Monitor. “Despite seeing the fastest one-month rise in rates in nearly 13 years, we saw purchase …
Tag: Real Estate
Apr 26
15 54th St. W #SEA, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.
15 54th St. W #SEA, Sea Isle City, NJ. 08243 Listing courtesy of Stacy Demcher – KELLER WILLIAMS REALTY JERSEY SHORE oc $1,799,000 Est. Mortgage $11,490/mo*4 Beds3 Baths3000 Sq. Ft. Description about this home for sale at 15 54th St. W #SEA, Sea Isle City, NJ. 08243 Best beach block townhouse with ocean views in …
Apr 25
712 Paxon Hollow Rd, Broomall, PA. 19008. Delco / Delaware County PA. home.
712 Paxon Hollow Rd, Broomall, PA. 19008 Listing courtesy of Norm Andrews – RE/MAX Preferred – Newtown Square $399,900 Est. Mortgage $2,797/mo*3 Beds2 Baths1814 Sq. Ft. Description about this home for sale at 712 Paxon Hollow Rd, Broomall, PA. 19008 This well maintained Expanded stone front ranch home features a one car garage and oversized …
Apr 25
Buyers May Need to Seek Homes $40K Cheaper
Inflation is at a 40-year high, and the average consumer is spending $500 more a month on living expenses than a year ago. As such, home buyers may need to lower their budgets to keep pace. House hunters would be smart to search for a home that is about $40,000 cheaper than they would have a …
Apr 24
Mortgage Rates
The 30-year fixed-rate mortgage jumped to a 5% average this week, the first time it’s been that high since 2011. Since the beginning of the year, mortgage rates have jumped by 1.8 percentage points and added about $400 to the average monthly mortgage payment for a median-priced home, Nadia Evangelou, senior economist and director of …
Apr 24
3700 Boardwalk #307, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home
3700 Boardwalk #307, Sea Isle City, NJ. 08243 Listing courtesy of Michael Ternosky – BERKSHIRE HATHAWAY HS FOX & ROACH sic $839,500 Est. Mortgage $6,013/mo*2 Beds 2 Baths SPINNAKER CONDOMINIUM ……..Spectacular Ocean Front Property. This is the beach front unit you’ve been looking for: featuring 2 large bedrooms, 2 full baths, completely remodeled interior with …
Apr 23
9 – 55th St. South, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home
9 – 55th St. South, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home Listing courtesy of Daniel Maimone – COMPASS RE – Ocean City $1,799,900 Est. Mortgage $11,380/mo*3 Beds2 Baths Description about this home for sale at 9 – 55th St. South, Sea Isle City, NJ. 08243 VIEWS, VIEWS, VIEWS FROM THIS SPECTACULAR …
Apr 23
Calmer Market Ahead
The past two years have been quite exceptional for real estate. Home sales boomed. Home prices rose at the fastest rate in modern times. However, such a strong housing market created growing pains. Inventory shrank to its lowest count ever. Even through the recent winter months, the inventory that has made it onto the market …
Apr 22
Mortgage Rates Rise
The 30-year fixed-rate mortgage averaged 5.11% this week, continuing its rapid rise, Freddie Mac reports. The higher borrowing costs are forcing home buyers to expand their budgets. With higher rates and home prices, house hunters need to earn about $25,000 extra if they want to buy the typical home now compared to a year earlier, …
Apr 22
2605 Radcliffe Rd, Broomall, PA. 19008 – Delco / Delaware County PA. Home.
2605 Radcliffe Rd, Broomall, PA. 19008 Listing courtesy of Shakeh Ajemian – Keller Williams Main Line $529,900 Est. Mortgage $3,696/mo*5 Beds2 Baths1577 Sq. Ft. Description about this home for sale at 2605 Radcliffe Rd, Broomall, PA. 19008 Lovingly maintained 4 bedrooms, 2 full bath Ranch with fully finished basement available in sought after Marple Township. …
Apr 19
232 Foxcroft Rd. Broomall, PA. 19008 – Delco Home for sale.
232 Foxcroft Rd. Broomall, PA. 19008 Listing courtesy of Mark Guldin – Keller Williams Real Estate – Media $1,399,000 Est. Mortgage $9,649/mo*5 Beds4 Baths8616 Sq. Ft. Description about this home for sale at 232 Foxcroft Rd. Broomall, PA. 19008 More Photos Coming Soon Introducing 232 Foxcroft Road, an unparalleled custom-built estate offering high-end upgrades and …
Apr 19
Housing Affordability Is Stressing Out Buyers
High home prices and mortgage rates are serving as a wake-up call to potential home buyers this spring that their budgets just aren’t going to go as far as they would have a year ago. In the first quarter of this year, 81% percent of consumers said they could afford less than half the homes …
