So far this year, market activity in our area has remained similar to last year: There are still more buyers than sellers The inventory of homes for sale remains tight, and average sales price continues to rise. This is a market that can be challenging for potential buyers, but rewarding to sellers, who have an […]
Is the Philadelphia-area housing market undervalued?
Soaring home prices in Greater Philadelphia are still within the median buying power of local residents. Lisa Ciccotelli of Berkshire Hathaway adds, “It’s true that higher rates and inflation affect buyer affordability and demand. We have already seen the slow-down of accelerating home values in the city, and we are learning home values are expected […]
Best Time to Buy a House in 2024
Seasonal Trends As the saying goes, “timing is everything,” and when it comes to real estate, the time of year can significantly impact your home-buying experience. According to real estate experts, the spring and summer months tend to be more favorable for buyers. The warmer weather often brings an increase in housing inventory, providing a […]
