Suburban Philadelphia Real Estate News

head_left_image

Yes - It Is A Good Time To Move! : Updated 30 Yr Mortgage Rate Chart

Interest rates continue to remain at historic lows. Buyers and Sellers should take this opportunity to profit while these rates continue.

A picture is worth a thousand words:

30 Year Mortgage Interest Rate Chart
(Thank you to Tracie Baichi of Prosperity Mortgage for the updated chart)

This is a great time to move. Prices have fallen but have generally now stabilized or begun to rise. Homes under contract continue to rise at a rate better than seen in 2012. The number of homes sold continue to rise. The statistics are pointing to a continued stengthening of the overall market. If this continues, both prices and interest rates could rise.

if you are looking to buy or sell in the three county area of Chester County, Delaware County, or New Castle County, you should be taking advantage of these rates now. If you have any questions or need any additional information, please do not hesitate to contact me anytime. To search properties by zip code in the Delaware County or Chester County areas go to www.SearchMediaHomes.com .

David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Comment balloon 1 commentDavid Henke • March 02 2013 11:59AM
Yes - It Is A Good Time To Move! : Updated 30 Yr Mortgage Rate Chart
share
Interest rates continue to remain at historic lows. Buyers and Sellers should take this opportunity to profit while these rates continue A picture is worth a thousand words: (Thank you to Tracie Baichi of Prosperity Mortgage… more
Delaware County PA Homes Sales Activity Rises
share
Initial 2013 Delaware County PA home sales activity indicates a stronger area market. It usually takes another week or so to have the accurate home sales statistics but the initial numbers indicate a stronger 2013. Through February for… more
Happy Presidents Day 2013
share
Happy Presidents Day Beginning in 1879, this holiday was originally Washington's Birthday and was celebrated on February 22 each year to honor our first President. In the 1970s, the celebration was shifted to the third Monday in… more
This Is What A Negative Grade In The Front Yard Looks Like Over Time
share
Thanks to Jay Markanich. This is a great reminder to always watch the water - particularly at this time of year. In this area, water penetration can easily begin as snow falls and melts allowing water to build up and pool along the foundation… more
Hockessin Library Used Book Sale 2013 Opens This Week!
share
This week the Friends of the Hockessin Library will be holding their annual Hockessin Library Used Book Sale beginning on Thursday evening and running through Sunday. Beginning with the Members Preview Night on Thursday January 17,… more
Happy New Year 2013!
share
Happy New Year! > Happy New Year to All. Thank you for the past year and I look forward to what 2013 will bring. I hope everyone has the chance to enjoy the first days of the New Year with family and friends before returning… more
Chester County PA Home Sales Update
share
Inventory falling and activity rising as home prices stabilize at a more sustainable level in Chester County. Since the last update, home sales activity has started to recover through much of Chester County PA. Year to date, the average… more
2012 - Remember to Vote Today!
share
Take some time and let your voice be heard! VOTE! David Henke Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE Office: 610-225-7400/Direct: 610-618-0808 www. DelawarePAHomes. com more
2012 Unionville High School Art Gala This Weekend
share
The 37th Annual Unionville High School Art Gala is this Friday and Saturday Nov 9-10. The 37th Annual Unionville High School Art Gala will be held this weekend. The Opening Reception will be from 6-9 PM on Friday and continue from 10-3… more
New Castle County Delaware & North Wilmington DE Home Sales…
share
Inventories steady and activity rises as home prices remain at a more sustainable level in North Wilmington and throughout New Castle County. Since the last update in April covering the first quarter, activity and pricing have continued to… more