If you live in Greater Philadelphia, we bet that you probably see at least a handful of new construction communities everyday on your commute to work. Some of the area’s most prominent builders (think Orleans, Ryan, Paone, Toll, and Philomeno & Salamone) are creating beautiful new neighborhoods throughout the region – but is it enough…
If you own your current home and are interested in buying another, you may have considered keeping your current home (instead of selling it) and renting it to tenants. It can be a savvy investment decision, but the prospect of becoming a landlord is intimidating for many homeowners! When faced with this decision, we encourage our…
Love to run? You’re in luck! Greater Philadelphia is home to an abundance of trails, parks, and races that will excite runners of all levels. Instead of running the Perkiomen Trail or the Schuylkill Trail for the millionth time (although these are some of our favorites, too!), consider mixing it up this summer with a…
If you read our original post about the biggest first-time homebuyer myth, then you already know that you don’t need a 20% down payment to secure your first home. In fact, you need to put down just 3.5%, which makes buying a home a lot more affordable! Here are a couple other things to consider:…
A Use and Occupancy Inspection (often abbreviated to “U&O”) is a type of inspection that is required by some municipalities during a residential resale. In other words, some towns mandate that all homes must be inspected prior to settlement. These inspections are largely conducted for safety reasons, and to ensure that homes within the neighborhood…
Mortgage rates slid lower for the fourth week in a row and fell to their lowest levels since November, prompting borrowers with upcoming settlements to lock in their interest rates. Currently, the national average for the benchmark 30-year fixed loan stands at 3.78%, down two basis points from this time last week. The average 15-year…
We are so excited to be growing our team here at EveryHome, and it’s not uncommon for brand new agents to inquire about any fees or other costs associated with becoming an agent. While the industry standard for real estate agencies is to charge new agents for things like training, mentorship, desk space, business cards,…
Did you know that the nation’s average listing price is 10% higher than this time last year? It’s true! The median list price has climbed to $275,000, and is likely to continue pushing higher in the coming months. Home values have been increasing both regionally and nationally in response to increased demand for buyers and a…