If you’re planning on purchasing a home this summer, you’re not alone! Largely due to low inventory and a fiercely competitive market, a large number of local buyers weren’t able to land their dream home this spring, and we anticipate a continued busy summer season! That said, the summer home-shopping market invariably cools following the peak months…
It seems like every day that we turn on the television or open a newspaper, we are confronted with the reality of an unpredictable real estate market. In this economic climate, every dollar counts! Many residential, industrial, and commercial properties are over assessed, resulting in unreasonably high tax bills. It’s not uncommon for homeowners to…
The average 30-year fixed rate mortgage dropped to 3.85% this week, according to Bankrate.com. A decrease of 8 basis points since this time last week, some lenders have encouraged borrowers to lock in their rates. The average 15-year fixed rate home loan dropped 6 basis to 3.07%, and the 5/1 Adjustable Rate Mortgage (ARM) also…
We love living in a walkable neighborhood, with plenty of shops, restaurants and trails just steps from our front door! The only problem is that many of the quaint, walkable suburbs (think Media, Doylestown, or New Hope) can be pricey – so we’ve rounded up our three budget-friendly favorites: In addition to Ambler’s beautiful downtown area…
You’ve probably heard that it’s a “seller’s market” right now, meaning that homes are selling quickly and values are on the rise. In fact, the average homeowner who sold in the first quarter of 2017 saw an average price gain of $44,000 from purchase – not too shabby! This is the highest amount since 2007….
The unofficial start to summer is right around the corner, and we’re excited to kick off the season at the Jersey Shore! There’s always a lot to do on Memorial Day Weekend, and we’re excited for a number of fun festivals, shopping, and sinking our toes into the sand. Wildwood will be home to the…
The nation’s average mortgage rate is currently hovering just over 4 percent, according to government mortgage giant Freddie Mac. Borrowers obtaining a 30-year fixed rate loan can expect to pay an average interest rate of 4.05% with an average 0.5 point. Points are an upfront fee (paid on settlement day) in exchange for a lower…
Mother’s Day is right around the corner, but don’t worry if you haven’t yet picked up a gift for Mom – we have you covered with some thoughtful last minute gift ideas! 1. Mom loves flowers, right? Right! Consider surprising her on Sunday by spending a few hours sprucing up her flower beds with a…
Nestled along the Delaware River in gorgeous Bucks County, New Hope is a charming, trendy, and walkable borough with lots to see and do! In addition to plenty of restaurants (we especially love The Landing, Karla’s, Marsha Brown’s, and Cafe Blue Moose), New Hope is a popular spot for art and theatre lovers. The borough…
May is a wonderful month at the South Jersey Shore. Time to open up the windows and let the sea breezes “drift” in. There are more pre-season options for dining and shopping as Mother’s Day weekend approaches. Seasonal beach tags are available for pick-up. The weather is great for bike riding, beach strolling, board walking…
While many buyers are eager to obtain a home inspection, we’re occasionally asked if it’s required. This is especially true when buyers are purchasing new construction homes or properties that appear to be in great shape. The short answer is that home inspections aren’t required (unless you’re receiving an FHA loan, in which a very…