The big question on everyone’s mind when they think about the current real estate market is, “What’s next?” The past few months were marked with fewer homes for sale and higher demand, which caused Sellers to push up their asking prices. Why? Well, because they could. And Buyers were answering, too. In June, we saw that the Average Sold Price was at its highest in some of the counties in the Delaware Valley. You can see the full report here. But will that trend continue? Let’s take a l... read more
What do you think of when you think of September? Back to school? The end of summer? The beginning of Fall? Whatever comes to mind, September is a month full of new possibilities. Let the good times roll and have fun at these events this month: For more information on the events, click on the picture!
BUCKS COUNTYMONTGOMERY COUNTYPHILADELPHIA LEHIGH VALLEY ... read more
And just like that - it’s already Labor Day. Where did summer go? We hope you and your family had a wonderful time, whether you were “down the shore”, relaxing in the Poconos or stayed put in your hometown in the Delaware Valley.
Labor Day Weekend is filled with different events in the area that celebrate the unofficial end to summer. Check out some of the best happenings in our area:
September 1-2: Made in America Festival in Philadelphia
Made in America is one of the most popular music fest... read more
You’ve found the home, negotiated the purchase, gone through inspections, and received your mortgage approval. All that is remaining is a smooth and timely settlement…hopefully! However, that may not be the case if your lender is scheduled to “wire” the loan funds for your purchase.A wire transfer is an electronic transfer of money. They're (most of the time) reliable, fast and get the job done.
Unfortunately, wire transfers can present drawbacks. They sometimes can get lost or numbe... read more
As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.
A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they... read more