Face it. If we believed everything we heard or read none of us would never even think of buying a home again. The news has been nothing but negative about real estate values across the country. The next 30 minutes is our opportunity to dispel the myths associated with the real estate landscape in your local area. Within every marketplace there are obstacles and solutions on the path to tremendous opportunities. Vince and I believe that most people are looking for practical advice. Please feel free to call 215-740-8999.
The Real Estate News this week was interesting. Why Higher Mortgage Rates will help the housing market. So the interest rates have been rising as the economy has been healing. Last week rate rose to a level not seen in 6 months. Many expect the rates to continue to rise. Andrea Heuson a finance professor at the University of Miami says it would be wise to lock in today’s rate rather than wait to see if they will fall in the coming months. Want FREE Checking call your credit union. That’s right 72% of the nations 50 largest Credit Unions still offer free checking as opposed to 39% of banks. Many of the large banks have been increasing their fees they claim because of new regulations. That’s bunk. Take control of your life and move your money out of the bank. Housing starts climb as Building permits jump. US home construction rose again in February. Building permits climed to the highest level in almost 5 years. Builders broke ground on 917,000 homes in February (up .8% from January). Building permits increased 4.6% to 946,000. This is the strongest reading since 2008.
Today Vince and I are joined by Joe Mahon of J & K Mahon Builders. Joe and Kathleen will give you unmatched personal attention as well as the knowledge they have garnered over the 40 years they have worked together. Their reputation was built one happy homeowner at a time. They have built over 300 custom and semi-custom homes. Joe and Kathleen take great care to work personally with each homeowner to ensure that no detail is overlooked. We are privileged to be a part of Clover Meadows in Lower Southampton. A cul-de-sac of 12 single family homes that they just pulled the permits for.
Tune in to find out the difference with a small semi custom builder and what they can deliver that the big builders cannot. While Mahon Builders is providing a one year home warranty Vince and I are covering year two. .
Please join us Sunday Morning at 5:30 on WPHT 1210 am for an honest assessment of the markets in your area.