Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®. NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family … [Read more...]

It didn’t take long for the naysayers in real estate to jump all over the National Association of Realtors’ Existing Sales Report which was released last week. It is true that sales were down 2.6% from the previous month. However, monthly variations should not be the determining factor in … [Read more...]

On Earth Day, much press is given to all the altruistic reasons we should watch our energy consumption and carbon footprints.  From those baby polar bears stranded on icecaps to visions of our grandchildren's grandchildren living on the Atlantic Coast of Montana, the unselfish reasons for going … [Read more...]

Lebanon County Parade of Homes and Mortgage Pre-Qualithon Get pre-qualified at the “Mortgage Pre-Qualithon” at the Lebanon Co. Assn. of Realtors this Thursday or Sat.  Dates:  4/19/12 from 6pm – 8pm and 4/21/12 from 10am – 12 Noon Location:  989 Quentin Rd. Lebanon, PA … [Read more...]

Get pre-qualified at the "Mortgage Pre-Qualithon" at the Lebanon Co. Assn. of Realtors this Thursday or Sat.  Dates:  4/19/12 from 6pm - 8pm and 4/21/12 from 10am - 12 Noon Location:  989 Quentin Rd. Lebanon, PA 17042 Appointments preferred, but walk-ins are welcome.  Go to … [Read more...]

Sales of investment and vacation homes* jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors®. NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows … [Read more...]

We report on Fannie Mae’s Quarterly National Housing Survey every ninety days. Fannie Mae also does a monthly survey covering different aspects of the housing market. Here are some record numbers we found interesting in Fannie Mae’s March report (emphasis added). Thirty-three percent of … [Read more...]

Here are a few things that have delayed or halted mortgages application and home closings: Do not make any large purchases such as a new car or new furniture. New debt comes with it, including new monthly obligations. New obligations create new qualifications. People with new debt have higher … [Read more...]

With the April 17 tax deadline one week away, many individuals and families still have time to take advantage of the valuable tax benefits homeownership affords. The National Association of Realtors® consumer website, HouseLogic.com, can help. “Our government encourages homeownership because … [Read more...]

If you are either buying or selling a home in today’s market, you need a real estate expert. However, we must realize what the term ‘expert’ actually means. An expert in any area cannot give perfect advice as no one can predict the future. But they can give excellent advice based on their … [Read more...]