Archive For July 8, 2016

The National Average Home Value Hits An All-Time High

The National Average Home Value Hits An All-Time High

Home prices continue to climb, and the country’s median sale price reached a record of $239,700 in May — a 4.7% increase from the same month last year!  The previous peak in home values occurred in June 2015, when they reached $236,300.  Prior to that, the highest level was in July 2006. Realtor.com’s chief economist,…

In Between Homes? Check Out These Short Term Rentals

In Between Homes? Check Out These Short Term Rentals

If you’ve already sold your home and are awaiting settlement on your new home, you’ll be pleased to know that there are plenty of short term rentals in Greater Philadelphia! Here are a few of the top local picks: Mill Grove in Audubon, PA is just a short drive from Collegeville, Wayne, King of Prussia and…

Take the Kids! Five Easy Day Trips in Greater Phila

Take the Kids! Five Easy Day Trips in Greater Phila

No beach house?  No problem!  As you and your family prepare to kickoff the summer months, be sure to make note of these fun, nearby spots that kids of all ages will enjoy.  Plus, most are affordable or even free! Dutch Wonderland is less than an hour and a half away in Lancaster, and the…

Will Mortgage Rates Hit Their Lowest Level on Record?

Will Mortgage Rates Hit Their Lowest Level on Record?

How low can they go? Mortgage rates decreased sharply this past week, and Bankrate.com is reporting the national average 30-year fixed rate loan at just 3.40%, down 12 basis points from last week. Each week, Bankrate surveys hundreds of mortgage bankers, brokers and industry experts to see if they believe that rates will increase, decrease,…

This is What Millennials Actually Want in a Home

This is What Millennials Actually Want in a Home

Millennials made up the largest segment of the buyer market in 2015, and real estate agents and sellers are paying close attention to what these younger buyers would like in a home.  This age group (defined as those born between 1980-2000) is especially likely to appreciate the following features: 1. Updated kitchens and bathrooms.  It’s tempting…

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