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
  • YOUCHHH! Something has to give on the fuel costs!

    I know we are all struggling with the gasoline prices, heating oil and propane are out of control as we all well know. The first time I filled my propane tank around Thanksgiving it was about $700.  Then in January I had a stroke when it cost $1200 to fill the tank.  And if I thought that was "bad" I should have called the ...
    Posted to John Rainville (Weblog) by 324456 on April 9, 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
  • 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
  • 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
  • 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
  • Top 10 Reasons it's a GREAT time to BUY Real Estate!

    The Top Ten Reasons It's a Great Time To Buy Real Estate! by Paul Pastore       Go behind the scenes and learn from the greatest minds in the business... for FREEBroker Agent News Audio Series       Selection, selection, selection. There are about 57,000 resale homes on the market ...
    Posted to John Rainville (Weblog) by 324456 on October 19, 2007
  • State of the Market in Pennsylvania

    Everyone wants to know what’s going on in the local Real Estate market…and that one word is a key ingredient…real estate is a “LOCAL” market. I have been in the business since 1986 and can tell you, if you want a single indicator of how OUR market is doing it is the Unemployment numbers and ours here in Pennsylvania ...
    Posted to John Rainville (Weblog) by 324456 on September 28, 2007
  • Hey this market may be "GREAT" for all Realtors!

    What you're saying to yourself, doesn't this squirrel watch Katie Couric and the rest of the TV purveyors of DOOM everyday?  And yes I do.  But I have had the "aha" moment that many have not IMHO (In My Humble Opinion) yet.  The current financing climate  is "forcing" the Realtors back into the ...
    Posted to John Rainville (Weblog) by 324456 on September 26, 2007
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