montgomery county pa: Existing Home Sales Numbers Highest Since 2009 - 05/28/13 09:40 AM
Existing Home Sales Numbers Highest Since 2009
 
The National Association of REALTORS reported that sales of existing homes in April reached 4.97 million on a seasonally-adjusted annual basis.
Although this reading fell short of Wall Street's expectations of 5.00 million existing homes sold, it surpassed the March 2013 upwardly revised reading of 4.94 million existing home sales. This represents a 0.60 percent increase from March to April, and a 9.70 increase year-over-year.
Low Mortgage Rates Contribute To High Sales Levels 
Low mortgage rates and pent-up demand for homes are driving sales of existing homes, which reached their highest level since … (0 comments)

montgomery county pa: Fed Meeting Minutes Expose Rising Interest Rate Risk - 05/26/13 11:40 PM
Fed Meeting Minutes Expose Rising Interest Rate Risk
 
Minutes of the April/May Federal Open Market Committee (FOMC) recently released may have a significant impact on mortgage rates going forward.  One significant development from the meeting suggests that the present quantitative easing (QE)  program may be modified in the near future. 
The current QE program involves the Fed purchasing $85 billion per month in mortgage backed securities (MBS) and Treasury bonds. The Fed's goal with QE is keeping long-term interest rates, including mortgage rates, low.
Considerations mentioned in favor of slowing the current QE program include concerns over “buoyant” financial markets … (0 comments)

montgomery county pa: Simple Tips To Help Your Flowerbeds Flourish This Spring - 05/22/13 01:45 AM
Simple Tips To Help Your Flowerbeds Flourish This Spring
 
Flowerbeds can be a very attractive addition to any Collegeville home -- if you have the time to set up and maintain them. Flowerbeds don't necessarily require a profusion of costly flowers that need to be fertilized, mulched, covered during severe weather, and possibly re-planted on a yearly basis.
So put on your green thumb and brave the outdoors this spring. With the tips below, you'll keep your flowerbeds filled and your house looking cheery without a huge money or time commitment.
Weed Eradication
Before you even start picking out roses … (1 comments)

montgomery county pa: Avoid These Common Mistakes When Pricing Your Home To Sell - 05/20/13 11:11 PM
Avoid These Common Mistakes When Pricing Your Home To Sell
 
It can be very difficult to determine what your property is worth in the current marketplace, because you are biased by what the property is worth to you. These emotions can get in the way of impartially evaluating a property and often cause sellers to overprice their home.
When pricing your property, you need to be objective and reasonable so you can come up with a selling price that will capture the interest of buyers.
Here are a few examples of common mistakes people make when pricing their house for … (0 comments)

montgomery county pa: What's Ahead For Mortgage Rates This Week - May 20, 2013 - 05/20/13 01:24 AM
What's Ahead For Mortgage Rates This Week - May 20, 2013
 
Last week was jam-packed with economic news; here are some highlights with emphasis on housing and mortgage related news:
Monday: Retail sales for April increased to -0.1 percent from the March reading of -0.5 percent and also surpassed Wall Street's downward forecast of -0.6 percent. Retail sales are important to economic recovery as sales of goods and services represent approximately 70 percent of the U.S. economy.
Tuesday: The National Federation of Independent Business (NFIB) released its Small Business Optimism Index for April with encouraging results. April's index rose by 2.6 points to … (0 comments)

montgomery county pa: Benefits Of Owning A Green Home You May Not Have Considered - 05/17/13 01:03 AM
Benefits Of Owning A Green Home You May Not Have Considered
 
Going green is not just a new trend; it is a way of life that benefits not only the environment, but also your health — and your pocketbook.
Green living cuts down on carbon emissions and creates a healthier environment both inside and outside of a home. While green structures sometimes cost more initially, the money (and environment) saved in the long run is well worth the investment.
Health Benefits
Owning a green Collegeville home has significant health benefits. Many conventional buildings are not properly ventilated and indoor air … (3 comments)

montgomery county pa: 7 Tips To Make Your Living Room More Appealing To Home Buyers - 05/15/13 01:52 PM
7 Tips To Make Your Living Room More Appealing To Home Buyers
 
Everyone knows that first impressions are important. By carefully staging your home, you can positively influence the feelings your potential buyers have when they are viewing the property.
Staging is the art of decorating and arranging the spaces within your house to make it more appealing to buyers. If you can adapt the rooms to create an attractive and welcoming zone that home buyers can see themselves in, they will be more likely to buy your property.
One of the most important rooms to stage is the living … (2 comments)

montgomery county pa: Know Your Real Estate Disclosure Laws Before You Sell Your Home - 05/14/13 01:19 AM
Know Your Real Estate Disclosure Laws Before You Sell Your Home
 
When deciding to sell a piece of Collegeville real estate, there are certain things you must disclose about the property to the buyer before the sale can go through.
Disclosure laws are put in place to protect the buyer from unknowingly purchasing defective property. Not disclosing certain information about the property can jeopardize the sale, or worse, invite a lawsuit.
This has become more of an issue lately as some sellers are tempted to gloss over deficiencies in the home they are selling in order to try to get … (1 comments)

montgomery county pa: What's Ahead For Mortgage Rates This Week - May 13, 2013 - 05/13/13 12:30 AM
What's Ahead For Mortgage Rates This Week - May 13, 2013
 
Mortgage rates rose last week with average rates a 30-year fixed rate mortgage rising from last week's 3.35 percent to 3.42 percent with buyers paying all closing costs and 0.7 percent in discount points.
Average rates for a 15-year fixed rate mortgage rose from 2.56 percent to 2.61 percent with buyers paying their closing costs and 0.7 percent in discount points.
Freddie Mac also reports that average rates for a 5/1 adjustable rate mortgage rose from 2.56 percent last week to 2.58 percent with buyers paying their closing costs … (0 comments)

montgomery county pa: Upswing In April 2013 Jobs Report Signals Good News For Real Estate - 05/08/13 01:42 AM
Upswing In April 2013 Jobs Report Signals Good News For Real Estate
 
The Bureau of Labor Statistics released its monthly Non-farm Payrolls and National Unemployment Rate for April last Friday. These two reports are collectively called the Jobs Report.
165,000 jobs were added in April, while the unemployment rate dropped from 7.60 percent in March to 7.50 percent in April. 673,000 jobs have been added since January. Jobs were added in employment sectors including business and professional, health care and eating and drinking establishments.
The main impact of the jobs report on home sales and mortgage lending is the ability … (0 comments)

montgomery county pa: How To Maximize Those Awkward Spaces In Your Home - 05/06/13 11:48 PM
How To Maximize Those Awkward Spaces In Your Home
 
In almost every King of Prussia home, there are awkward spaces that are difficult to utilize.
Especially in older houses, there are rooms, closets and nooks that once had a purpose that is now outdated.
So before you try to cover it up or fill it with junk, take a look at the smart solutions below to see how you can revitalize those problematic spaces and turn them into something useful.
The Space Under The Stairs
While this is likely to be more of a hiding spot for dust-bunnies than teenage … (2 comments)

montgomery county pa: What's Ahead For Mortgage Rates This Week - May 6, 2013 - 05/05/13 11:59 PM
What's Ahead For Mortgage Rates This Week - May 6, 2013
 
Mortgage rates fell last week and approached or reached record low levels.
According to Freddie Mac, the average rate for a 30-year fixed rate mortgage (FRM) fell from 3.40 percent to 3.35 percent. Average rates for a 15-year FRM moved from 2.61percent to 2.56 percent.
Average rates for a 5/1 adjustable rate mortgage (ARM) fell to 2.56 from last week's average of 2.58 percent Discount points for last week's mortgage rates ranged from 0.7percent for 30 and 15 year FRM loans to 0.5 percent for a 5/1 ARM.
Rock-bottom … (1 comments)

montgomery county pa: Can The Right Color Help Sell Your Home Faster? - 05/04/13 01:12 PM
Can The Right Color Help Sell Your Home Faster?
 
When it comes to selling your home in King of Prussia , you've probably thought of the most common staging tricks, such as clearing out the clutter to make your rooms look bigger and bringing in more light to brighten things up.
However, have you considered that the colors in your house might affect whether buyers are interested?
First impressions are everything when you are selling a house, so think about how the colors you choose will likely influence your potential buyers. A new coat of paint could be a simple … (1 comments)

montgomery county pa: Fed Meeting Statement Points To Continuing Low Interest Rates - 05/02/13 12:48 AM
Fed Meeting Statement Points To Continuing Low Interest Rates
 
Wednesday's Federal Open Market Committee (FOMC) statement indicates the Federal Reserve's commitment to keeping long term interest rates and inflation under control.
The Fed will continue monitoring inflation, but does not expect inflation to rise more than 0.50 percent above its target rate of 2.00 percent over the next one to two years.
Ongoing monitoring of inflation and unemployment, as well as developing economic news, will guide the Fed in its future determinations concerning policy for its present iteration of quantitative easing (QE3).
Currently, the Fed purchases $85 billion of treasury … (2 comments)

montgomery county pa: Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006 - 05/01/13 12:21 AM
Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006
 
Housing markets continue to improve according to the S&P Case Shiller Home Price Indices released April 30 for February's data.
The Indices consist of a 10-City Composite Index and a 20-City Composite Index with housing markets for each city reported based on a three-month rolling average of home prices.
Case Shiller Posts Highest Growth Rates Since 2006
The data released yesterday comprised the Indices' highest growth rates since May 2006.
For the 12 months between February 2012 and February 2013, the 10-City Composite Index reports that average home prices posted … (0 comments)

montgomery county pa: 7 Fun and Easy Housewarming Gifts for A New Homeowner - 04/30/13 02:12 AM
7 Fun and Easy Housewarming Gifts for A New Homeowner
 
Whether you have new neighbors next door or old friends moving across town, a housewarming gift is a great way to show you care.
New owners always appreciate anything that relieves the pressures of moving and settling in to an unfamiliar neighborhood.
Here are seven fun and easy housewarming-gift ideas for your friends moving into their home.
A Door Wreath
You can choose a wreath that fits the season or that is simply attractive on the front door.
Include a wreath door-hanger and storage box so they can easily hang … (2 comments)

montgomery county pa: 7 Tips To Get Your Home In Tip Top Selling Condition - 04/27/13 07:53 AM
7 Tips To Get Your Home In Tip Top Selling Condition
 
A clean, uncluttered home is very likely the single most important thing to get your home sold quickly and for top dollar.
In fact, a recent survey by HomeGain showed a whopping 568% return on investment for money put toward cleaning and organizing a home for sale!
And other experts say that a well-put-together home can shorten the time on market drastically as well.
Before your real estate agent lists your King of Prussia home, it's essential for it to look its best.
7 Tips To Get Your Home … (1 comments)

montgomery county pa: How To Have the Best Garage Sale Ever At Your Home - 04/25/13 01:27 AM
How To Have the Best Garage Sale Ever At Your Home
 
It's getting close to that time of year again — time to have a garage sale at your home!
Here are a few tips to help you have your most successful garage sale ever.
Advertise Your Sale In Local Newspapers And Online
Many of the habitual Saturday morning garage sale patrons around King of Prussia use the paper to plan their treasure hunts.
They do this to make sure they hit all of the sales in certain neighborhoods.
In the ad, mention your home address, date and time of your … (0 comments)

montgomery county pa: Existing Home Sales Numbers Show Value Gains Across America - 04/23/13 11:58 PM
Existing Home Sales Numbers Show Value Gains Across America
 
The National Association of REALTORS® released its Existing Home Sales report for March on Monday.
Sales dipped from February's seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month. 
This reading was lower than Wall Street's consensus of 5.03 million existing homes sold, but there is also good news.
Sales of existing homes are up by 10.3 percent as compared to March 2012.
Economists note that existing home sales have performed within a narrow range of 4.90 to 4.96 million … (1 comments)

montgomery county pa: 5 Important Questions - Before You Invest In Solar Power For Your Home - 04/23/13 12:13 AM
5 Important Questions - Before You Invest In Solar Power For Your Home
 
If you've been considering taking your home in a green direction, April is the perfect month to make an environmentally friendly update.
Installing a solar energy system may be a very smart way to help the environment.
Plus, solar panels turn sunlight into energy that can save you money!
The federal government and many states are now providing tax incentives and rebates for installing solar panels in 2013 which make this an excellent opportunity to go green this spring.
However, there are many installers that might not … (2 comments)

 
Joe Gonzalez, NMLS# 126036 (610) 739-6563 (CrossCountry Mortgage, LLC NMLS #3029) Rainmaker large

Joe Gonzalez

NMLS# 126036 (610) 739-6563

King of Prussia, PA

More about me…

CrossCountry Mortgage, LLC NMLS #3029

Address: 625 W. Ridge Pike, Building C, Suite 100, Conshohocken, PA, 19428

Office: 610.355.8039

Mobile: 610.739.6563

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