Blog Archives

2023 Market: Hope and Hibernation

The supply of homes for sale has rebounded in early 2023, giving a bit of hope to homebuyers, according to Margaret Heidenry, writing for Realtor.com. Pricing has also become more reasonable, and mortgage rates are down from their 20-year high at the end of 2022. Declines in inflation could mean…Read More

Filed under Home Buyers on Feb 23,2023 | Tagged in: housing market, inflation, mortage rates

The 2022 Local Housing Market

The Philadelphia region’s housing market remained robust during the pandemic – and the trend is expected to continue into 2022, according to Michelle Bond, writing for the Philadelphia Inquirer. According to Bond, a continuing low supply of housing will continue to push prices higher in 2022, although those increases will…Read More

Filed under Buying a home on Mar 31,2022 | Tagged in: 2022 housing market, housing market, interest rates

Escalation Clause Can Win the Bid

With so much competition in the housing market, your first offer may be your last chance to edge out other buyers. One tactic you can use to keep your bid under consideration is by adding an escalation clause to your offer – if you can afford it. According to this…Read More

Filed under Buying a home on Aug 25,2020 | Tagged in: Escalation Clause, house bidding, housing market

Housing Slowdown? Not Here!

While economists and experts have been talking about the turndown in the housing market across the U.S., one area of the country is experiencing the opposite. Philadelphia and its suburbs are bucking the trend, as our area is still experiencing a hot market for sellers. While buyers seemed to be…Read More

Filed under Home Buyers, Selling a home on Apr 03,2019 | Tagged in: Home selling, home selling advice, housing market, philadelphia, Philadelphia Inquirer, selling a home

The 2018 Housing Market

If 2018 is the year you plan to move ahead with buying, selling or renting a home, this report from U.S. News and World Report has some information you need to know. In a nutshell, their report predicts that homebuyers will face headwinds, sellers will remain in the sweet spot…Read More

Filed under Buying a home, Home Buyers, Selling a home on Feb 15,2018 | Tagged in: housing market, real estate agent

Thanks, Puxsutawney Phil!

America’s favorite ground hog has predicted an early spring. That’s great news for cold-weather-haters — and even better news if you’re planning to sell your home. Jonathan Smoke, writing for Realtor.com, notes that this spring selling season is expected to be the busiest since 2006, due to pent-up demand. With…Read More

Filed under Buying a home, Home Buyers, Real Estate, Selling a home on Mar 01,2016 | Tagged in: groundhog day, housing market, Punxsutawney Phil, realtor.com, spring homes

First Time Home Buyer 2013: Get Started Now

According to financial experts and players in the housing market, 2013 will be a good year for those looking to become homeowners. For those who have been sitting on the sidelines watching and waiting to see how things unravel, the time to make a move to become a first time…Read More

Filed under Home Buyers, Real Estate, Recent News on Dec 12,2012 | Tagged in: 2013 homebuyers, first time homebuyer, foreclosures, homebuyers, housing market, montgomery county real estate

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