Archive For August 28, 2017

Mortgage Rates Plunge to Lowest Level of 2017

Mortgage Rates Plunge to Lowest Level of 2017

Good news for home buyers!  Just last week, lenders across the nation reported that mortgage rates hit their lowest level of the summer – and now they’ve sunk even lower. The average 30-year fixed rate loan currently stands at 3.86%.  Economists speculate that the recent decline in rates is due to political uncertainty, both in…

Three Local Mid-Century Homes that Belong in Mad Men

Three Local Mid-Century Homes that Belong in Mad Men

If mid-century style makes you swoon, you’ll love these homes for sale in Greater Philadelphia!  Brimming with modern elements, these coveted homes are loved for their oversized windows, clean lines, and bold, sleek styling.  Many are inspired by Frank Lloyd Wright’s famous designs – and some are even designed by his most accomplished students.  Read…

Unique Homes for Sale in Greater Philadelphia

Unique Homes for Sale in Greater Philadelphia

Greater Philadelphia is home to some one-of-a-kind residences, and we scoured the local market to find you four of the most whimsical, historic, and unique homes for sale:  What do you get when you drop a swanky, modern SoHo loft in the middle of bucolic Bucks County?  “The Lodge” is described as a daring display of…

Mortgage Rates Fall to 3-Year Low

Mortgage Rates Fall to 3-Year Low

If you’re in the process of purchasing a home, it just might be the perfect time to lock in your interest rate! The nation’s average 30-year fixed rate mortgage rate fell to 3.70%, the lowest since late 2016 according to Mortgage News Daily. Economists speculate that rates could fall even lower in the upcoming week,…

Understanding “As-Is” Homes

Understanding “As-Is” Homes

When shopping for homes, you might come across a few that are “as-is” and this just means that the seller is not willing to make any improvements to the home prior to settlement.  A lot of times, homes are listed as-is because they’re either bank-owned, estate sales, or the seller simply doesn’t have the time,…

Luxury Home Prices Surge, Outpacing the Rest of the Market

Luxury Home Prices Surge, Outpacing the Rest of the Market

Luxury home sales (valued at $1,000,000 or more) soared 19% higher in June from the previous year, and the prices continue to steadily rise as well.  Climbing 7.5% from this time last year, the median sale price for a luxury home is currently outpacing the rest of the real estate market – something that hasn’t…

The Most Breathtaking Pools in Greater Philadelphia

The Most Breathtaking Pools in Greater Philadelphia

Whether you love cascading waterfalls, outdoor kitchen terraces, or steamy spas, these four homes for sale in Greater Philadelphia have some of the most luxurious pools that money can buy.  The best in outdoor entertaining! With a full kitchen, bar, and high-end speaker system, this backyard is sure to be the gathering spot for friends…

Mortgage Rates Climb Slightly Higher

Mortgage Rates Climb Slightly Higher

The nation’s average mortgage rate inched higher the week of August 1st.  Currently, the benchmark 30-year fixed rate home loan stands at 3.85%, which includes points.  Points are fees that are paid directly to the lender on settlement day in exchange for a lower rate.  It’s important to note that your rate may be slightly…

3 Game of Thrones Inspired Homes for Sale in Greater Phila

3 Game of Thrones Inspired Homes for Sale in Greater Phila

Can’t get enough Game of Thrones?  The hit TV show, based off of George R. R. Martin’s best-selling series, is a fantasy epic set in the fictional lands of Westeros and Essos. These four homes for sale in Greater Philadelphia are fit for King’s Landing and bring the show to life with their inspired settings…

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