Consumers are very eager to take advantage of the record low 30-year home loan mortgage rates. However...the process of getting a mortgage has changed. I recommend that buyers be prepared with documentation to provide to lenders and understand that patience is a virtue, the reward will be the pride and satisfaction of owning your own home. The average sold price of a home in Upper Dublin Township has gone up from $447,090 in August 2009 to $486,583 for August 2010 so far. Nationwide the median price of houses was up by 1.55. Mortgage applications to purchase homes also went up (0 comments)
Current Market Statistics for Upper Dublin July 2010 There are currently 95 homes for sale in Upper Dublin. In July there were 22 new listings with 15 homes sold. This means that 6 of the 22 new listings did not sell and are now absorbed into the next months inventory. Every month new listings are taken, a certain percentage of homes sell, leaving a percentage of homes that do not sell. The homes that do not sell are absorbed into the following months inventory. This is called the Absorption Rate. When a listing doesn't sell and carries over into the (0 comments)