15 49.0138 8.38624 1 0 4000 1 https://www.centercityrealestate.com/philadelphia-real-estate-blog 300 true 0
Tag / First time home buyer

6 Ways Realtors Create Millennial Appeal

Millennials – The Internet Generation. A unique demographic, indeed. With every answer at their fingertips, how does one provide value? Let’s explore. — What we know.  Highly tech. savvy. Accustomed to 24-7 connectivity. ‘Instant gratification’ tendencies.  Noncommittal. Low post-grad employment. High student debt. How to appeal? Utilize technology to manage expectations, educate & provide ease-of-access.  1.)...CONTINUE READING

Americans still prefer to be owners than renters

According to a Pew Research Center Survey, regardless of the housing crisis, American’s still prefer to be owners than renters.  Of the 1,222 Home Owners surveyed (out of 2,142 total adults) Eight in 10 of adults agree that buying a home is the best long-term investment a person can make.  47 % say their home is worth less now...CONTINUE READING

4 Signs it’s Time to Buy Rather Than Rent Your Home

Mortgage rates are going up. Prices have continued to decline in general and combined with low interest rates, affordability has been record-high for the last four years.   But with prices remaining low and interest rates climbing, we are now likely at the peak for the opportunity to buy very affordable homes. Rents are climbing. The...CONTINUE READING

Don't forget to get your Tax Credit

If you a re first-time home buyer, the enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.  The tax credit is available for first-time home buyers or any homebuyers  who have not owned a principal residence in the last three y ears....CONTINUE READING
Category:Buyer Resources, FAQ

Mortgage rates fall to 37-year low…

Government-sponsored mortgage lender Freddie Mac (FRE, Fortune 500) said Thursday that fixed rates on 30-year mortgages averaged 5.19% for the week ending Dec. 18. That’s down from 5.47% last week and below the year-ago rate of 6.14%. “Interest rates for 30-year fixed-rate mortgage rates fell for the seventh consecutive week, moving these rates to the lowest...CONTINUE READING
Category:Market Data, News

Mortgage Rates at a 4 year Low!!!

Besides it being a Buyer’s Market, the existence of a once in a lifetime interest-free $7500 loan, and a for a limited time a free home warranty from the Atacan Group, now, as if you needed another incentive to buy a house, rates are at an average super low, 5.5%.  Never in all my years...CONTINUE READING