{"id":8787,"date":"2016-01-04T13:16:19","date_gmt":"2016-01-04T13:16:19","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=8787"},"modified":"2016-01-04T13:16:29","modified_gmt":"2016-01-04T13:16:29","slug":"realtors-top-concerns-heading-into-2016","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/realtors-top-concerns-heading-into-2016\/","title":{"rendered":"REALTORS\u00ae&#8217; Top Concerns Heading into 2016"},"content":{"rendered":"<h2>REALTORS\u00ae&#8217; Top Concerns Heading into 2016<\/h2>\n<p>&nbsp;<\/p>\n<div id=\"attachment_8788\" style=\"width: 390px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2016\/01\/04\/realtors-top-concerns-heading-into-2016\/realtor_logo-blk\/\" rel=\"attachment wp-att-8788\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-8788\" class=\"size-full wp-image-8788\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2016\/01\/realtor_logo-blk.gif\" alt=\"REALTORS\u00ae' Top Concerns Heading into 2016 \" width=\"390\" height=\"390\" \/><\/a><p id=\"caption-attachment-8788\" class=\"wp-caption-text\">REALTORS\u00ae&#8217; Top Concerns Heading into 2016<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>An improving job market, still-low interest rates, and recent measures to make credit more accessible are all offering help to the housing market\u2019s recovery, but several challenges prompting closing delays remain.<\/p>\n<p>The latest REALTORS\u00ae Confidence Index conducted in November reveals some of the top concerns on real estate professionals&#8217; minds. The survey is based on more than 2,500 responses from members about local market conditions.<\/p>\n<p>Here are some of the most common concerns that REALTORS\u00ae raised in the latest survey:<\/p>\n<p><strong>1. New mortgage disclosure rules: <\/strong>The implementation of the TILA\/RESPA Integrated Disclosure (TRID) regulations on Oct. 3 has been delaying closings and having an impact on sales, according to members. About 47 percent of respondents\u00a0reported longer closing times compared to a year ago, up from 37 percent in the October 2015 survey.\u00a0 It typically took another 40 days to close a sale, up from 35 days in July 2015.<\/p>\n<p><strong>2. Condo financing: <\/strong>REALTORS\u00ae continued to report difficulty in obtaining financing for condominium unit purchases because many condominiums are not FHA or GSE eligible.<\/p>\n<p><strong>3. Tight inventories: <\/strong>A smaller number of homes for\u00a0sale across the country are limiting choices for buyers and pushing prices up,\u00a0decreasing housing affordability. REALTORS\u00ae particularly reported low inventory of properties in the lower price range and for those that are move-in ready.<\/p>\n<p><strong>4. Tight credit:<\/strong> Stringent credit standards continue to affect sales, particularly for first-time home buyers who are still struggling to qualify for financing, according to the REALTORS\u00ae surveyed. \u201cCredit profiles that fail to meet tighter underwriting standards are conditions that continue to work against first-time home buyers,\u201d according to the report.<\/p>\n<p><strong>5. Appraisal issues:<\/strong> \u201cLate\u201d and \u201clow\u201d appraisal valuations was also cited by REALTORS\u00ae as being problematic in transactions.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source: National Association of REALTORS\u00ae<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>REALTORS\u00ae&#8217; Top Concerns Heading into 2016 &nbsp; &nbsp; An improving job market, still-low interest rates, and recent measures to make credit more accessible are all offering help to the housing market\u2019s recovery, but several challenges prompting closing delays remain. The latest REALTORS\u00ae Confidence Index conducted in November reveals some of the top concerns on real &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/realtors-top-concerns-heading-into-2016\/\">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-8787","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>REALTORS\u00ae&#039; Top Concerns Heading into 2016 - 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\/realtors-top-concerns-heading-into-2016\/\" \/>\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\\\/realtors-top-concerns-heading-into-2016\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/realtors-top-concerns-heading-into-2016\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"REALTORS\u00ae&#8217; 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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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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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