Archive For April 28, 2017

Mortgage Rates Increase for the First Time in 5 Weeks

Mortgage Rates Increase for the First Time in 5 Weeks

The average mortgage rate inched higher this past week, reversing a 5-week trend of cheaper home loans.  Government-backed mortgage giant Freddie Mac reported that the average 30-year fixed home loan currently stands at 4.03%, up 6 basis points from last week’s average of 3.97%.  The average 15-year mortgage rate climbed 4 basis points to 3.27%….

Buying and Selling at the Same Time? Consider a Swing Loan

Buying and Selling at the Same Time? Consider a Swing Loan

The real estate market is hot in Greater Philadelphia, and competition is fierce among buyers in many suburban neighborhoods.  It’s especially tough for buyers who have a home to sell, as many sellers are less likely to accept offers with a home sale contingency.  However, there are options for these buyers, and one of them is…

Home Prices Rising at Fastest Pace in Three Years

Home Prices Rising at Fastest Pace in Three Years

Home prices across the nation climbed quicker than expected in the month of March, according to S&P/Case-Shiller National Home Price Index as reported to CNB.  The average home value rose at a 5.8% annualized rate last month, While the news comes as a welcome surprise to homeowners, industry experts warn that it could spell trouble for…

Understanding Your Good Faith Deposit

Understanding Your Good Faith Deposit

A good faith deposit is provided to the seller’s real estate agency and held in a non-interest bearing escrow account until settlement day.  The money is used to ensure “good faith” that the buyer does in fact wish to purchase the home.  Most buyers provide two good faith deposit checks prior to settlement day. The…

Five Easy Household Tips for Earth Day

Five Easy Household Tips for Earth Day

April 22nd is Earth Day, and we’re inspired to make changes around our own homes.   Not only do many of these eco-friendly tips allow us to be a little kinder to Mother Nature, but there are also significant health benefits and cost savings involved! Read on to learn how you can make your home more…

95% of Home Buyers Rely on Internet, and Here’s Why it Matters

95% of Home Buyers Rely on Internet, and Here’s Why it Matters

Over 95% of home buyers searched for houses online in 2016, according to the National Association of Realtors.  In fact, for the first year ever, buyers were more likely to find their new home online instead of through their real estate agent!  But despite the importance of the internet in today’s real estate market, 90%…

My Hometown of Jenkintown by Shaina McAndrews

My Hometown of Jenkintown by Shaina McAndrews

EveryHome agent Shaina McAndrews loves her hometown of Jenkintown! A bustling and walkable suburb, Jenkintown is served by its own award-winning school district and offers plenty of great restaurants and shops! Read on to learn about Shaina’s favorite things to do: I love my hometown Jenkintown because it is a tight-knit community. When you walk down…

Mortgage Rates Hit their Lowest Level of the Year

Mortgage Rates Hit their Lowest Level of the Year

Mortgage rates have sharply fallen in the past couple of weeks, and growing economic uncertainty may be to blame.  Bankrate.com reported that the nation’s most popular mortgage, the 30-year fixed rate, decreased 7 basis points to 3.87% since this time last week.  Just a month ago, the rate was 4.09%. And while the difference between last…

Should You Consider an Escalation Clause?

Should You Consider an Escalation Clause?

It’s official: Homes are selling at their fastest pace since Redfin began tracking sales seven years ago.  And due to the fierce competition among buyers for homes, prices have also increased by 7.5% since this time last year. In such a competitive market, how can a buyer get ahead?  Escalation clauses just might be a home…

My Hometown of Worcester by Jessica Van Artsdalen

My Hometown of Worcester by Jessica Van Artsdalen

EveryHome agent Jessica Van Artsdalen loves living in Worcester Township!  Located in the heart of Montgomery County and served by the award-winning public school district of Methacton, Worcester is an excellent blend of quiet, countryside living with the convenience of a thriving suburb.  Here are a few of Jessica’s favorite things: The things that I…

EveryHome.com Updating Every Fifteen Minutes!

EveryHome.com Updating Every Fifteen Minutes!

The EveryHome team is so excited to announce that the website will automatically be updating every fifteen minutes!  With a direct feed from the region’s MLS (Multiple Listing Service), EveryHome strives to bring you the most accurate database of listings, and ensure that our clients are among the first to see brand new homes for sale.  And…

Mortgage Rates Fall for Third Straight Week

Mortgage Rates Fall for Third Straight Week

The average 30-year fixed rate loan has dropped below the 4% benchmark, according to Bankrate.com.  Buyers can now expect to lock in for 3.94%, down 5 basis points from last week.  Just one month ago, the average rate was 4.16%.  This decrease can save the average homebuyer hundreds of dollars per year. The nation’s average 15-year…

Home Sales Decrease as Inventory Remains Low

Home Sales Decrease as Inventory Remains Low

If you’ve been anxiously checking for new listings everyday and are struggling to find a home you like, you’re not alone!  February’s real estate stats are in, and home sales dropped 3.7% from the previous month.  While the number of home sales have risen considerably in the past couple of years, they’ve recently stalled due to…

First Time Homebuyer Seminars, April 11th and April 12th

First Time Homebuyer Seminars, April 11th and April 12th

EveryHome is pleased to be offering a number of home buying seminars aimed especially for first time buyers.  Along with our preferred lenders, we’ll be covering topics including mortgage pre-approvals, meeting with agents and scheduling home tours, and submitting offers. EveryHome co-founder and co-owner Katie Kennedy and Tom Howell of Marathon Mortgage will be offering a First…

Go Top
everyhomerealtors
everyhomerealtors
myeveryhome
Visit Us
everyhomecom/everyhome-listings/
everyhomecom/everyhome-listings/