Winter 2012 Market Update
Wednesday, 29 February 2012
The market is actually improving and has done better in November and December than the previous year. January is off to a better start than last year. Inventories are the lowest they’ve been in almost 5 ½ years. Bank owned properties still make up about 1% of the market and short sales are about 5%,
- Published in Home Buyers, Home Sellers
Future Homebuyers; Where to begin?
Saturday, 03 December 2011
To my Potential Homebuyers; Are you thinking of buying a home? Well, what are you waiting for? Let’s work together to start planning your future. I would like to help you do what I do best — find the perfect home for you and your family. Here are a couple of questions you should think
- Published in Home Buyers
The First Step in the Homebuying Process
Wednesday, 30 November 2011
Are you considering moving or purchasing your first home and do not know where to start; the first step in the home buying process is not searching online for your dream home, but getting preapproved to know what you can afford. Read below to learn more about getting pre-approved for a mortgage and more.
- Published in Home Buyers
5 Thing that Home Buyers do that TURN OFF Home Sellers
Thursday, 31 March 2011
On today’s market, every savvy seller wants to know what turns buyers off, so they can get their homes sold as quickly as possible, for as much as possible. But buyers, take note – there is a minefield of seller turn-offs you can trigger that hold the potential to keep you from getting the home
- Published in Home Buyers, Home Sellers
If you can qualify for a loan, now is the time to buy!
Friday, 11 February 2011
If you are able to get a loan, real estate is ‘as affordable as it gets’ according to data from Moody’s Analytics. Home affordability has returned to pre-housing bubble levels or even fallen below the average in many U.S. markets. In September 2010, the ratio of home prices to annual household income had fallen to
- Published in Uncategorized
Home Ownership Offers Plenty of Tax Benefits
Wednesday, 09 February 2011
While renting offers zero tax breaks, buying a home offers several tax benefits that can make homeownership more affordable. The following are a few of the tax benefits to home ownership, according to Stephen Fishman, an author and lawyer who specializes in small business, tax and intellectual property law. ▪ Home mortgage interest deduction: Home owners
- Published in Uncategorized
2011 Market Outlook
Wednesday, 19 January 2011
2011 Market Update from Eric May at Prosperity Mortgage in Devon, PA The beginning of the year always produces a flood of opinion on what the next 12 months will bring. Much of the opinion is simply an extrapolation on what was occurring in the closing months of the old year. Nevertheless, some of the
- Published in Uncategorized
Senate Approves Higher Government Mortgage Fees
Wednesday, 11 August 2010
Higher monthly fees are in the near future for consumers who take out home loans guaranteed by the Federal Housing Administration, the primary source of mortgages for first time homebuyers. The Senate unanimously approved legislation giving the FHA the power to hike monthly premiums it charges to consumers. The measure now goes to President Barack
- Published in Home Buyers
Single Homebuyers are finding it more cost effective to buy than rent
Wednesday, 19 May 2010
The Real Estate market is seeing single individuals taking advantage of more affordable home prices, larger inventory, low interest rates and federal tax incentives. Individuals, whom may have never considered buying a home before, are finding that they can afford more house for their money than in previous years. Most importantly, many people are recognizing
- Published in Uncategorized