This is a live listing feed of 15 affordable homes for sale priced between $75,000 and $150,000 in Philadelphia, PA. Please bookmark this link as the inventory can change daily. If you are thinking about [...]
Photo Credit: Roman Babakin / Shutterstock.com This is a news feed as provided by the Philadelphia Federal reserve. They deal with many local economic issues which includes housing trends and mortgage rates. Please bookmark this [...]
By Bill Lublin|2020-06-01T08:00:07-04:00June 1st, 2020|
Last week's economic reports included monthly readings from Case-Shiller Home Price Indices, FHFA home prices, and readings on new and pending home sales. Weekly reports on mortgage rates and first-time jobless claims were also released.
By Bill Lublin|2020-05-29T08:00:56-04:00May 29th, 2020|
Owning a home may be the American dream, but for many who are in a lower income bracket, finding a loan can become challenging. Thankfully, there are several loan programs that can work well for lower income people considering homeownership. Here's a closer look at some of these home loans designed to help people who have a low-to-moderate income find a way to buy a home.
By Bill Lublin|2020-05-28T08:00:06-04:00May 28th, 2020|
Multigenerational housing is a growing trend that is propelled by the "graying of America." This trend is the mirror image of children who become adults still living with their parents. Instead, with multigenerational housing, the adult children invite their parents to live with them. Many are seeking to buy larger homes to accommodate the needs of their young family, while also being able to live together with their parents.
By Bill Lublin|2020-05-27T08:00:43-04:00May 27th, 2020|
There are numerous steps involved in the process of buying a new home. It is important to go through the mortgage qualifying process before looking at dream houses. This gives people an idea of how big a house they can afford. Sometimes, individuals looking for a house might not get a loan that is big enough to cover their dream house. There are ways to qualify for a larger loan; however, one of the fastest methods is to use a co-signer.
By Bill Lublin|2020-05-26T08:01:13-04:00May 26th, 2020|
Last week's economic news included readings from the National Association of Home Builders on housing market conditions and reports on housing starts and building permits issued. Fed Chair Jerome Powell testified before Congress about the impact of Covid-19. Weekly reports on mortgage rates and first-time jobless claims were also released.
By Bill Lublin|2020-05-18T08:00:45-04:00May 18th, 2020|
Last week's economic news included readings on inflation, retail sales, and a speech by Federal Reserve Chair Jerome Powell. The University of Michigan released a preliminary reading of its Consumer Sentiment Survey; weekly readings on mortgage rates and initial jobless claims were also released.
By Bill Lublin|2020-05-15T14:25:15-04:00May 15th, 2020|
A "buyer's market" happens when people looking to buy a home have a stronger bargaining position than the sellers have. In a classic economic sense, a buyer's market occurs when the supply of homes available for sale exceeds the demand for them. However, other things in real estate create a buyer's market.
By Bill Lublin|2020-05-14T08:00:59-04:00May 14th, 2020|
Attractive landscaping is one of the first things that potential home buyers notice. They may see the landscaping in the photos of a home for sale or may even do a physical drive-by. The view of the property from the street is called "curb appeal." It is important to make this be as nice as possible.