It’s official! The statistics are in, and 2015 was the best year for new construction since 2007 according to the Commerce Department. New home sales rose an impressive 9.9% year-over-year, and brand new homes now represent approximately 10% of all home sales nationwide. Plus, the construction sector added a significant number of jobs, and is expected…
More and more sellers are getting their homes “pre inspected,” or hiring a home inspector to check out their home prior to putting it on the market. While the traditional method was to have a home inspected when (and only when) it went under contract, modern sellers are realizing the many benefits of having their homes…
If you’re thinking of selling your home, you’ll likely use a real estate professional (a listing agent) to help you sell. We always recommend that you do your research and maybe even meet a few different agents before you choose who you’d like to represent you during the sale. We recommend having a couple of…
Philadelphia is a city of museums! And sure, we’ve all been to the Franklin Institute, Please Touch Museum, The Philadelphia Museum of Art, and maybe even the Mutter Museum. But we bet you aren’t as familiar with the following three! So take the kids, pack a snack, and head to one of the Philly’s lesser-known…
The average 30-year fixed rate loan fell from 3.92% last week to 3.81% this week, according to Freddie Mac. This is the lowest rate since October, and the third consecutive week of falling rates. Industry experts blame the decreasing rates on global financial turbulence and concern, including weak inflation, stock market crises, and falling oil prices. As a…
Brrr! After two feet of snow and chilly temps here in Greater Philadelphia, we’re ready to thaw out in front of a crackling fire with a glass of red wine. Not only can a modern fireplace be energy efficient and provide you warmth during a dreaded power outage, they’re also highly coveted by homebuyers! If…
You’ve probably heard (or experienced firsthand!) the shortage of available rental homes. In fact, rental prices have skyrocketed in the past two years as the demand for rentals increased to a historic high and supply remains limited. If you’re currently a landlord, you’re probably marketing your properties to fresh-out-of-college professionals, young families, or late Gen Xers who seek flexibility…
One of the biggest hurdles for first time buyers is saving enough money for a down payment and closing costs. Luckily, there are a number of ways to afford closing costs a bit more easily, and utilizing a seller’s assist is one of the most popular options. In fact, nearly half of all EveryHome buyers…
The Philadelphia Auto Show is bigger and better than ever! Over 700 different cars will be presented at the Pennsylvania Convention Center from January 30th through February 7th. Whether you’re interested in a Mazda or Maserati, Buick or Bentley, you’ll be sure to find it at the auto show! The show, which boasts over 700,000…
Wondering what is the minimum credit score to buy a home? You’re not alone! Your credit score is one of the major components to qualifying for a mortgage, and can greatly affect your interest rate. Generally speaking, the absolute minimum credit score requirement is 620. However, there are a lot of variables to consider. For…
Mortgage applications dropped sharply over the holidays, but that decrease was only temporary. In fact, total mortgage applications volume (including both applications to purchase a home, as well as homeowners looking to refinance) climbed by a whopping 21.3% last week! The total number of mortgage purchase applications are also 19% higher than they were at this…
Now is the time to make your reservations for the largest center city restaurant week! Over 120 of Center City’s most popular and awarded restaurants will be offering special three-course prix fixe menus for just $35. Select restaurants will also be offering a three-course lunch for $20. The Center City Restaurant Week begins January 17th…
The bittersweet transition from a city slicker to a suburbanite is not always easy or fun, but suburban living may offer some real advantages. Here are the three best things to make the move just a little bit sweeter: 1. School districts. We probably don’t have to elaborate on this one too much, but in case…
Considering a brand new home? You’re not alone! The majority of buyers prefer new construction when given a choice, and there are a lot of fantastic new communities all over the Greater Philadelphia. Here’s why new construction is a great idea This one is obvious, but its importance cannot be overstated: Brand. New. Every single…
Whether you’ve decided to rent out your current home or purchase an investment property, you’ll surely be looking for prospective renter. Most landlords will tell you that it’s not always easy to find a great tenant, so here’s how to ensure that you have the very best pool of applicants: The first way to find…