Pennsylvania Real Estate Update

What's going on in the real estate market? Find out from 20 year veteran John Rainville, Realtor, RECS, CSP and LTRS certified Broker. Residential and commercial topics for everyone from first time buyers to seasoned institutional investors.
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  • The Rebates are Coming!

    Well, I heard on the news that 8 million people will get their rebates on Monday, Tuesday, Wednesday, None on Thursday and the rest on Friday! Please think about how you will spend yours carefully. You may be able to buy a house with that money!  We have a lender that has a special program for several counties in Pennsylvania where you only ...
    Posted to John Rainville (Weblog) by 324456 on April 27, 2008
  • How tough is it to buy a home in the current market?

    Good question, prospective home buyer! And the answer depends on so many things, but really focuses on:Credit ScoreDown PaymentCredit Scores, your "mid" score needs to be 620 or better. What is a "mid" score? Well there are three main Credit Information Repositories--Trans Union, Equifax, and Experian. So that means that 2 out ...
    Posted to John Rainville (Weblog) by 324456 on March 9, 2008
  • Things are heating up!

    I am really surprised by just how busy all three of our regional offices are here this week---especially with the nasty weather.  Most of our Realtors are working on not one or two deals, but multiples.  One of my Realtors has to be the Builders hero of the day as he is writing up not one, but two sales in the same neighborhood the same ...
    Posted to John Rainville (Weblog) by 324456 on February 14, 2008
  • What is everyone waiting for????

    I had the good fortune today to be included in a business meeting where a local engineer shared that several large residential and one huge commercial development were moving forward despite the so called slow down! HOORAY! We need the powers that be to keep some of the development projects moving forward.  As a Broker covering 12 counties I ...
    Posted to John Rainville (Weblog) by 324456 on January 31, 2008
  • Well is it time to buy yet?

    Absolutely, it is the time to buy if you can do it. Those who keep sitting on the fence waiting for lower rates or price are going to miss the grat buys out there right now!  Inventory is dropping in several price ranges already. As the days get longer and the buyer have more time to look after work the buys are going to be snapped upl There ...
    Posted to John Rainville (Weblog) by 324456 on January 25, 2008
  • The Deals are OUT THERE! Are you looking for a REAL ESTATE BARGAIN???

    Of course you are!  Who isn't looking for a bargain on a house or invesment property! Right now the rates are low, the banks have tightened who they will lend this low rate money to...YOU may be surpriesed it could be you! That's right, your credit situation may not be as bleak as what you have thought!  Scores are rising, ...
    Posted to John Rainville (Weblog) by 324456 on January 1, 2008
  • We're offering a new fee split to Help get YOUR property Sold Faster!

    After reveiwing mounds of data and sellers input, we have opted to offer a 1 and four program for Builders and a 2 and 4 or 2 and 5 program for resale Sellers when we list their properties. WHAT? you say is that? Instead of splitting the commission 50/50 with a cooperating Broker we are going to give the Lions Share 4% to the agency that ...
    Posted to John Rainville (Weblog) by 324456 on December 3, 2007
  • Can you believe what you see on the news?

    Good day! I know that no matter WHERE I go, the gas station, party, business event, shopping, I will be stopped by somebody asking me "What's going on in Real Estate? Is it as bad as they say? Are you doing alright?". Here are the answers: Properties are selling well in all three of my firms regions. Yes, overpriced, sloppy ...
    Posted to John Rainville (Weblog) by 324456 on November 15, 2007
  • Did you Read Tom Flads GREAT Article about PA's Foreclosure Prevention Position?

    Pennsylvania Assumes Foreclosure Prevention Leadership Mantle Pennsylvania Housing Finance Agency Offers Consumers Full Menu of Products Written by: Tom FladOctober 31st, 2007 - 7:05 am The Pennsylvania Housing Finance Agency (PHFA) has rolled out a suite of loan products and resources for homeowners who are having trouble meeting ...
    Posted to John Rainville (Weblog) by 324456 on October 31, 2007
  • Why Real Estate Out performs ALL other investments according to one of Trumps gurus!

    Two Reasons Why Real Estate Outperforms All Other Investments - Even Today by Gary W. Eldred, PhD Since the late 1990s, sharp increases in property prices, along with a corresponding relative decline in cash flows and rental yields, have led the major media to persistently babble about real estate “bubbles.” Taking a cue from these ...
    Posted to John Rainville (Weblog) by 324456 on October 24, 2007
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