{"id":8397,"date":"2015-09-30T14:17:29","date_gmt":"2015-09-30T14:17:29","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=8397"},"modified":"2015-09-30T14:17:29","modified_gmt":"2015-09-30T14:17:29","slug":"are-higher-home-prices-spooking-buyers","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/","title":{"rendered":"Are Higher Home Prices Spooking Buyers?"},"content":{"rendered":"<h2>Are Higher Home Prices Spooking Buyers?<\/h2>\n<div id=\"attachment_8398\" style=\"width: 266px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8398\" class=\"size-full wp-image-8398\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg\" alt=\"Are Higher Home Prices Spooking Buyers?  Image courtesy of  franky242 \/ FreeDigitalPhotos.net\" width=\"266\" height=\"400\" srcset=\"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg 266w, https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750-200x300.jpg 200w\" sizes=\"auto, (max-width: 266px) 100vw, 266px\" \/><\/a><p id=\"caption-attachment-8398\" class=\"wp-caption-text\">Are Higher Home Prices Spooking Buyers? Image courtesy of franky242 \/ FreeDigitalPhotos.net<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>Contracts to buy homes dropped nationwide in August, as home prices continued to inch upward, the National Association of REALTORS\u00ae reports. Modest increases in pending home sales in the West were offset by declines in all other regions last month.<\/p>\n<blockquote><p><strong>Pending Home Sales By Region<\/strong><\/p>\n<ul>\n<li><strong>Northeast: <\/strong>pending home sales dropped 5.6 percent to 93.3 last month, but remain 8.9 percent above a year ago.<\/li>\n<li><strong>Midwest: <\/strong>pending home sales were down 0.4 percent to 107.4 in August, but are 6.5 percent above August 2014 levels.<\/li>\n<li><strong>South:<\/strong> pending home sales dropped 2.2 percent to an index reading of 121.5, but are 4.1 percent above year ago levels.<\/li>\n<li><strong>West:<\/strong> pending home sales increased 1.8 percent in August to 104.9, and are 7.6 percent above a year ago.<\/li>\n<\/ul>\n<p>&nbsp;<\/p><\/blockquote>\n<p>NAR\u2019s Pending Home Sales Index \u2013 a forward-looking indicator based on contract signings \u2013 retreated 1.4 percent in August to a 109.4 reading. Despite the drop, pending home sales remain 6.1 percent above August 2014 levels.<\/p>\n<p>Buyer demand is continuing to outpace the housing supply and it\u2019s also prompting home prices to increase in many markets across the country, says Lawrence Yun, NAR\u2019s chief economist.<\/p>\n<p>\u201cPending sales have leveled off since mid-summer, with buyers being bounded by rising prices and few available and affordable properties within their budget,\u201d Yun says. \u201cEven with existing-housing supply barely budging all summer and no relief coming from new construction, contract activity is still higher than earlier this year and a year ago.\u201d<\/p>\n<p>Yun predicts that sales will maintain their current pace in the months ahead. But, he cautions, there are several headwinds that could impact housing.<\/p>\n<p>\u201cThe possibility of a government shutdown and any ongoing instability in the equity markets could cause some households to put off buying for the time being,\u201d Yun says. \u201cFurthermore, adapting to the changes being implemented next month in the mortgage closing process could delay some sales.\u201d<\/p>\n<p>Still, NAR says the national median existing-home price will likely rise 5.8 percent this year, reaching $220,300. Also, existing-home sales likely will rise 7 percent to around 5.28 million \u2013 25 percent below the prior peak set in 2005.<\/p>\n<p><em>Source: National Association of REALTORS\u00ae<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are Higher Home Prices Spooking Buyers? &nbsp; Contracts to buy homes dropped nationwide in August, as home prices continued to inch upward, the National Association of REALTORS\u00ae reports. Modest increases in pending home sales in the West were offset by declines in all other regions last month. Pending Home Sales By Region Northeast: pending home &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-8397","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Are Higher Home Prices Spooking Buyers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Are Higher Home Prices Spooking Buyers?\",\"datePublished\":\"2015-09-30T14:17:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/\"},\"wordCount\":366,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/ID-100134750.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/\",\"name\":\"Are Higher Home Prices Spooking Buyers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/ID-100134750.jpg\",\"datePublished\":\"2015-09-30T14:17:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/are-higher-home-prices-spooking-buyers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/ID-100134750.jpg\",\"contentUrl\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/ID-100134750.jpg\",\"width\":266,\"height\":400,\"caption\":\"Are Higher Home Prices Spooking Buyers? 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Are Higher Home Prices Spooking Buyers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"Are Higher Home Prices Spooking Buyers?","datePublished":"2015-09-30T14:17:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/"},"wordCount":366,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#primaryimage"},"thumbnailUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg","keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/","name":"Are Higher Home Prices Spooking Buyers? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#primaryimage"},"image":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#primaryimage"},"thumbnailUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg","datePublished":"2015-09-30T14:17:29+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/are-higher-home-prices-spooking-buyers\/#primaryimage","url":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg","contentUrl":"https:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2015\/09\/ID-100134750.jpg","width":266,"height":400,"caption":"Are Higher Home Prices Spooking Buyers? 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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