Rising inventory is good news for homebuyers, but Philadelphia's residential market is still 'on fire'
Rising inventory is good news for homebuyers, but Philadelphia's residential market is still 'on fire'
While options for Philadelphia-area homebuyers continue to be scarce, there is some promise for those looking to buy in the city this spring.
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While options for Philadelphia-area homebuyers continue to be scarce, there is some promise for those looking to buy in the city this spring.
While options for Philadelphia-area homebuyers continue to be scarce, there is some promise for those looking to buy in the city this spring.
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today. 1. More Homes To Choose from During the pandemic, housing supply hit a record low at the same time buyer demand skyrocketed. This c...
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today. 1. More Homes To Choose from During the pandemic, housing supply hit a record low at the same time buyer demand skyrocketed. This c...
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year rate was down to 5.30% from 5.81% two weeks prior (see graph below): But why is this recent dip such good news for homebuyers? As Nadia Evangelou, Senior Eco...
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year rate was down to 5.30% from 5.81% two weeks prior (see graph below): But why is this recent dip such good news for homebuyers? As Nadia Evangelou, Senior Eco...
May was a mixed bag for renters. On one hand, rental prices across the nation hit a new record high—for the 15th month in a row, according to a recent Realtor.com® report. Rents climbed 15.5% annually in May, to hit a median of $1,849 in the nation’s largest metropolitan areas. Rents were up 26.6% over the past two years. (Metros include the main city and surrounding towns, suburbs, and smaller urban areas.) However, as punishing as those higher rents are, the percentage by which they inc...
May was a mixed bag for renters. On one hand, rental prices across the nation hit a new record high—for the 15th month in a row, according to a recent Realtor.com® report. Rents climbed 15.5% annually in May, to hit a median of $1,849 in the nation’s largest metropolitan areas. Rents were up 26.6% over the past two years. (Metros include the main city and surrounding towns, suburbs, and smaller urban areas.) However, as punishing as those higher rents are, the percentage by which they inc...
The report also revealed that a Columbus suburb was named one of the hottest housing markets in the nation.
The report also revealed that a Columbus suburb was named one of the hottest housing markets in the nation.
On Friday ,the BLS reported 263,000 new jobs in September, which runs directly counter to what the Fed wants to see.
The post Why a good jobs report is bad news for the Fed appeared first on HousingWire.
On Friday ,the BLS reported 263,000 new jobs in September, which runs directly counter to what the Fed wants to see.
The post Why a good jobs report is bad news for the Fed appeared first on HousingWire.
In this article we’ll discuss: What inventory turnover rate is and how to calculate it What a “good” inventory turnover is for a small business Solutions to low inventory turnover ratio General inventory management tips Inventory turnover, also referred to as stock rate, is a key performance indicator (KPI) for managing and growing a business. As such, every inventory-carrying small business owner should be intimately familiar with how to …
Continue reading "What is a Good...
In this article we’ll discuss: What inventory turnover rate is and how to calculate it What a “good” inventory turnover is for a small business Solutions to low inventory turnover ratio General inventory management tips Inventory turnover, also referred to as stock rate, is a key performance indicator (KPI) for managing and growing a business. As such, every inventory-carrying small business owner should be intimately familiar with how to …
Continue reading "What is a Good...
A slowdown by Amazon is a boon for others in the warehouse sector, especially for procurement of materials, according to industry sources. Last month, Amazon announced plans to shed at least 10 million square feet of warehouse space after reporting slow growth and a weak profit outlook that it attributed to overbuilding, according to Bloomberg. As the e-commerce giant hits the brakes on expansion, that should translate to shorter lead times for currently scarce materials such as roofing componen...
A slowdown by Amazon is a boon for others in the warehouse sector, especially for procurement of materials, according to industry sources. Last month, Amazon announced plans to shed at least 10 million square feet of warehouse space after reporting slow growth and a weak profit outlook that it attributed to overbuilding, according to Bloomberg. As the e-commerce giant hits the brakes on expansion, that should translate to shorter lead times for currently scarce materials such as roofing componen...
Don’t miss out on the chance to make huge savings on UK investment properties. Enquire today for access to the best buy to let deals! Recent events have seen the Great British Pound begin to fall drastically in the past few months. With Britain facing a lot of uncertainty due to the rising energy bills […]
The post Why the Lower GBP Is Good News For International Investors appeared first on Property Investment Company: Over 75,000 Happy Investors - RWinvest.
Don’t miss out on the chance to make huge savings on UK investment properties. Enquire today for access to the best buy to let deals! Recent events have seen the Great British Pound begin to fall drastically in the past few months. With Britain facing a lot of uncertainty due to the rising energy bills […]
The post Why the Lower GBP Is Good News For International Investors appeared first on Property Investment Company: Over 75,000 Happy Investors - RWinvest.
Event recognizes community leaders and organizations for advocacy work and innovation in creating equitable access to housing
Event recognizes community leaders and organizations for advocacy work and innovation in creating equitable access to housing