How Quickly Will Mortgage Rates Rise in 2022? Mortgage rates play a big role in borrowers’ buying power. Super low rates over the past year have allowed many home buyers to stretch their housing budgets, important as they have faced high home price increases. But many economists are predicting higher rates over the next …
Tag: Real Estate
Dec 07
Havertown PA / Delco Home – 1327 Leedom Rd Havertown, PA 19083
Havertown PA / Delco Home – 1327 Leedom Rd Havertown, PA 19083 $525,000 Est. Mortgage $2,695/mo* 3 Beds 3 Baths 1970 Sq. Ft. Description about this home for sale at 1327 Leedom Rd Havertown, PA 19083 You will enjoy a WELCOME HOME feeling the minute you pull into the driveway of this stunning home nestled …
Dec 07
Larger Homes Driving Moves
Larger Homes Driving Moves With Americans spending more time at home during the pandemic, their motivation to move has increased, finds a survey from StorageUnits.com, a storage facility firm. Thirty-seven percent of about 1,250 Americans recently surveyed said they moved into homes with more square footage between March 2020 and October 2021. Thirty-nine percent of Americans say …
Dec 07
Home Goods That Are Getting Pricier, Harder to Find
Home Goods That Are Getting Pricier, Harder to Find Supply chain woes have been hitting the housing market, affecting appliances, windows, paint, and other items needed to build, repair, or improve home. That has driven prices higher. New-home buyers have felt the pinch: The median sales price for a new home in October was …
Dec 06
Broomall PA / Delco Home – 1011 Lee Dr Broomall, PA 19008
Broomall PA / Delco Home – 1011 Lee Dr Broomall, PA 19008 $499,000 Est. Mortgage $2,559/mo* 3 Beds 3 Baths 1556 Sq. Ft. Description about this home for sale at 1011 Lee Dr Broomall, PA 19008 Rare listing in the desirable neighborhood of Marple Summit. This 3 Bedroom, 3 full Bath, 2 car garage home …
Dec 06
Mortgage Rates Remain Stable—For Now
Mortgage Rates Remain Stable—For Now Mortgage rates held steady this week as the world awaits more information about the severity of the omicron variant of COVID-19 and ongoing supply chain issues. The 30-year fixed-rate mortgage averaged 3.11%, Freddie Mac reports. “Mortgage rates continue to remain stable notwithstanding volatility in the financial markets,” says Sam …
Dec 06
2022 Outlook for Home Sales
2022 Outlook for Home Sales As the latest coronavirus variant remains a wild card for the housing market, real estate experts are still predicting a mostly lively year for home sales in markets across the country. However, home shoppers may find some relief for escalating home prices, which have been trending with double-digit increases …
Dec 02
Mortgage Loan Limits Set for 2022
Mortgage Loan Limits Set for 2022 The Federal Housing Finance Agency announced Tuesday that conforming loan limits for mortgages backed by Fannie Mae and Freddie Mac will jump in most of the country to $647,200, an increase of $98,950 from 2021’s limit of $548,250. The higher levels are in response to rising home prices over …
Dec 01
Media PA / Delco Home – 543 Woodland Ave Media, PA 19063
Media PA / Delco Home – 543 Woodland Ave Media, PA 19063 $330,000 Est. Mortgage $1,718/mo* 3 Beds 1 Bath 1286 Sq. Ft. Description about this home for sale at 543 Woodland Ave Media, PA 19063 Single-family home in the wonderful Rose Tree Media School District! Move in ready home, awaiting your personal touches and …
Dec 01
Home Buyers Eager to Act Sooner Rather Than Later
Home Buyers Eager to Act Sooner Rather Than Later Contract signings climbed 7.5% in October, and home sales for 2021 are on pace to hit a 15-year high, the National Association of REALTORS® reported Monday. Pending home sales rebounded after a decline in September. Despite rising mortgage rates, home buyers appear undeterred by higher …
Dec 01
More Store Openings Than Closures
More Store Openings Than Closures More brick-and-mortar retail is needed. Store openings are outnumbering closings for the first time in four years, according to an analysis of more than 900 chains by the IHL Group, a research firm. The largest amount of growth is coming from mass merchants, food, drugs and pharmacy, and convenience chains, The …
Nov 30
Havertown PA / Delaware County Home – 114 Harvard Rd Havertown, PA 19083
Havertown PA / Delaware County Home – 114 Harvard Rd Havertown, PA 19083 $435,000 Est. Mortgage $2,256/mo* 3 Beds 3 Baths 2084 Sq. Ft. Description about this home for sale at 114 Harvard Rd Havertown, PA 19083 Welcome to this wonderful Dutch Colonial home situated on a tranquil, flat lot in a highly sought-after …
