The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise. The price of any item is determined by supply, as well as the market’s demand for the item. The National […]
Month: September 2019
Happy Friday, Happy Valley! A very busy weekend around the area includes concerts at the BJC, State Theatre and Elk Creek, Pop Up Ave, the Great Insect Fair, Mexico Beyond Mariachi’s “Sugar Skull!” at Eisenhower, the 9/11 Memorial Stair Climb, theater, cabaret, fall festivals and a whole lot more. We’ve picked out some of the weekend’s …
- The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
- Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
- CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
- If you’re ready and willing to buy your dream home, now is a great time to buy.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93% […]
Charming Cape Cod in the Bellefonte Borough on almost half an acre. This cozy 3 bedroom, 2 full bathroom home has character sprinkled throughout from the arched doorways to the brick fireplace in the living room. It features fresh paint and hardwood fl…
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when […]