Hello, and welcome to another edition of Real Estate Radio News right here on WPHT 1210 am every Sunday morning from 5:30 to 6:00 am.
The next 30 minutes are reserved to share with you some of the Real Estate News in your local area and how it affects you. Every marketplace has obstacles. I hope that today’s show provides some practical solutions in an effort to help you on the path to finding new opportunities.
Please feel free to call 215-740-8999 or visit peterbuchsbaum.com.
So last week we were joined by Steve Happ of Letzcaping.
This week the Real Estate News was all but non- existent. However, there was a great article on Boomerang kids coming home. The writer expressed the fact that “its okay to stay with mom and dad”. Wow! Times have changed. I could not wait to get out. According to the article Trulia conducted a survey that showed 25% of those between 18 and 34 with jobs are happy at home with mom and dad. This is the biggest reason that homeownership is at its lowest level since 1995. Also there was an article on Credit Score killers. We all are aware now that your credit score can kill your chances to get a mortgage or even a job but what are the biggest factors in this arbitrary number? We all know that not paying on time hurts but large balances and too many credit cards hurt as well. Be careful. If your credit provider drops your limit your score can drop. According to an article in the Inquirer, Home Sales near Normal for the first time since 2009. According to the National Association of Realtors sales increased 6.5% from the June numbers. Over the past 12 months sales are up 17.2%. They have stayed above the 5 million dollar pace for three straight months. The next question to be answered is did the sudden increase in rates cause this pace to slow in the coming months?
Today we are joined by Timothy Gulla from Equity Real Estate.
Equity was formed in 2002 on the basic concept of the word Equity, The act of being just and fair. This philosophy has created a pathway to success for our agents and brokers. While the Nation's real estate market has been in decline these past years, Equity has experienced its greatest success!
Equity has a unique source of strength, due to remarkable ideas from our exceptional Agents and Brokers. Equity has allowed their Realtors® to collectively shape the brokerage around their needs which has created a living organization, one that continues to grow and develop around the brilliant requests of their Realtors®, and not around the bottom line of the Brokerage.
Equity believes that their unique Agents and Brokers are their greatest Strength.
Please join us on WPHT 1210 am for an open discussion about a new and different real estate office.
We have also been fortunate enough to have been asked to write some articles in “Local Living Magazine” to explore some of the questions you all ask us and the answers we provide. Look for your latest issue this month. For a FREE subscription please email us.
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Each week we discuss the myths of the mortgage market. It is not about rate. A higher rate with no mortgage insurance may provide a lower payment.
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