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Pending home sales rose again in October, marking the 9th consecutive month this figure has risen according to the National Association of Realtors. The Pending Home Sale Index, which is a forward looking indicator based on the number of contracts signed ...[Read More]
The real estate market received a boost earlier in the month once HR 3548 was passed. The extension on the first time home buyer tax credit and the creation on the repeat buyer credit was the news many people have been waiting for over the past few weeks. ...[Read More]
Whether you are in West Chester, Malvern, Media, Phoenixville or Conshohocken, everyone is exciting for the Fightin Phils! Anytime one of our local sports teams goes deep into the playoffs, it seems to light up the greater Philadelphia area. Everyone is ...[Read More]
Over the past day or two, Buyers have been able to lock in a 5% interest rate on a 30 year fixed loan! These historically low rates, combined with the high inventory (creating lots of choices for Buyers) make the end of 2009 an excellent time to buy. I ...[Read More]
Sellers within the 2009 market are concerned with their net proceeds if they do decide to move, as they should be. However, the savvy Seller will quickly recognize that even though he or she will really see a benefit years down the road on the purchase ...[Read More]
With rates still hovering in the low 5% range and the 1st time home buyer tax credit about to expire, activity in the sub-$400K price range is strong. It is still a GREAT TIME TO BUY, especially in Philadelphia and the surrounding counties. However, despite ...[Read More]