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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  • Creative Marketing Ideas for Realtors

    It can be a very difficult task to get noticed in a crowded housing market. With so many properties listed in local areas, real estate agents are fighting to get the attention of the small pool of buyers.In such a situation, one of the steps you can take as an agent is to get creative with your marketing. Given below are some ideas for selling a ...
  • Low Down Payment Home Mortgages - Is One Right for You?

    With so many other costs associated with a buying a home, it’s no surprise that a lot of people are looking to have low down payment on their home loan.A common belief is that there needs to be down payment of 20% at the minimum. This was the standard for a long time; however, now, more flexible options are available.As a matter of fact, ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on April 23, 2012
  • AVOID Foreclosure!

    While the economy has seen a bit of an upturn and home foreclosures and short sales are starting to level out there are still many who are looming in the dark halls towards facing foreclosure. What should you do? Do you ignore it and just let it happen? Do you call the bank? Do you contact anyone? Can anyone help? The answer to the final ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on April 23, 2012
  • What to Expect For the Housing Market in 2012

    The levels for mortgage rates entering into 2012 are still the lowest on the books of several institutions since they were gathered, including MBA’s weekly rate survey as well as Freddie Mac’s weekly Primary Mortgage Market Survey. The rate for the average 30 year fixed price loan is just under 4%. This enables people interested ...
  • The Art of Selling Homes in a Distressed Market

    Ever since the economic melt-down beginning at the end of 2008, real estate markets around the globe have been experiencing tough times.Within the United States, many cities have experienced sharp drop in prices while the prices have remained stagnant in the others.Fewer cities across the country can boast of healthy real estate prices today. In ...
  • Update on Real Estate Trends

    We can’t argue that the housing market has been a bit of a roller coaster ride for the past year but it seems as though there are signs of hope in the future.While figures seem to be holding at all time lows for housing prices, making it a great opportunity for buyers and a bit of a nightmare for sellers.We’ve seen many people losing ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on March 27, 2012
  • Deciding to Buy or Rent a Home

    There are many advantages to purchasing a home, especially in light of the historic low rates that have become available.Regardless of the fact that these rates dropped considerably as a result of the recent housing and financial crash, more and more people are driven to the path of home ownership versus renting.There are a number of pros and cons ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on March 27, 2012
  • Marketing Techniques to SELL Your Home

    Once upon a time Realtors would come to your house, you would sign contracts for them to sell your home and then they’d proudly go to the front of your lawn and place a “FOR SALE” sign in front.They would go back to the office and place it on the MLS (Multi Listing Service) for all the other Realtors and agents out there to know ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on March 27, 2012
  • What is Earnest Money

    In the process of buying a home, when the buyer has completed all due diligence and is ready to close the deal, a sale/purchase contract is drawn up.Most sellers ask for an earnest money deposit to be made at this stage and the amount deposited is generally adjusted against the sale consideration.There is no legal compulsion, on the part of the ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on March 13, 2012
  • What to look for in a good listing agent!

    It’s important to have a good rapport with your listing agent and feel good about how they direct you.You need to know, before you hire them as your agent, whether they truly fit your needs and will be the best fit for you.All too often people will call out numerous agents to give them an estimated value on what they should sell their home ...
    Posted to Pennsylvania Real Estate News, Views and Rants (Weblog) by 324456 on March 11, 2012
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