How To Buy And Sell Homes At The Same Time

Moving into a bigger house? Downsizing? Relocating? Join Christie Jones and I on February 16th at 6 pm for a Zoom presentation and Q&A! We will discuss the ins and outs of buying a new home while selling your current one. Please register in advance, and share with anyone you know who may be interested! For any additional questions about buying and selling, feel free to contact...

House Hacking On The Main Line? Yes, You Can!

Let's stop just for a moment and talk about house hacking. What is house hacking, you ask? It’s a time-tested real estate strategy to reduce the costs of owning a home by renting out portions of it. Prices on the Main Line are up this year - 15-20% in some areas. (!!!) If you feel you are being priced out of the market, consider house hacking a duplex. If you want to purchase a home but...

What Is The Main Line? Great Question.

The Main Line area of suburban Philadelphia is named for the train line out of West Philadelphia that runs parallel to Lancaster Ave. Historically the Main Line of the Pennsylvania Railroad ran from Overbrook to Paoli. Today that same train line extends even farther west to Thorndale. In modern times the Main Line is known as a collection of communities with middle- to upper-class families similar...

Fall Real Estate Market Philadelphia

How To Win in a Multiple Offer Scenario

The fall market is here! The real estate market in September and October has continued this year's trends of low inventory, keen buyer interest, and upward pressure on home sale prices. As we head into late October, new housing inventory is starting to slow as even fewer people are putting their homes up for sale. We can expect inventory to decrease to its lowest point through the holiday season (and...

Lower Merion Has THE BEST Public Libraries. Here’s Why.

With just 60,000 residents, Lower Merion has 7% of the population in Montgomery County, but 20% of its library circulation. (!!!) This award-winning library system is ranked in the top 2% of public libraries for its circulation per capita. The township has six libraries, the first of which was established in Ardmore in 1899, and the last of which was founded in Belmont Hills in 1935. Ludington Library...

Good News, Homebuyers! Interest Rates Fall to All Time Lows

"The resilience of the housing market continues as mortgage rates hit another all-time low, giving potential buyers more purchasing power and strengthening demand...We expect rates to stay low and continue to propel the purchase market forward."Sam Khater, Chief Economist at Freddie Mac Hello there! I hope you are staying cool and healthy this summer! Given the continuing drop in mortgage...

Forbearance Got You Down? Know Your 3 Key Options

Recent data indicates that many areas of the economy are bouncing back following low points in March and April, and Philadelphia area real estate values are showing a strong upward trend as first-time homebuyers and move-up buyers grapple with low inventory. At the same time, 4.12 million home loans in the US are in forbearance, down only slightly from a high of 4.76 million in May, according to data...

Philadelphia Area Housing Market In The Summer of Covid-19

The Covid 19 pandemic has brought with it changes to the way Philadelphia area residents buy and sell real estate. In this market update, I share comparisons of 2019 and 2020 in terms of new listings per month, home sales per month, and median home sale price by month. If you would like to see any of this information for a specific zip code or school district, please reach out to me. I'm happy to...

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