Understanding Today's Real Estate Market: Why "Normal" Is Actually Good News If you've been following the real estate market lately and feel a bit confused about what's happening, you're not alone—and your confusion is completely understandable. The market has shifted significantly over the past few years, and what we're experiencing now represents a return to something many buyers and sellers haven't...
Are you considering buying or selling in Montgomery County? Here's is your fall breakdown of the current market conditions in MontCo. First up, we have the Months Supply of Inventory at 1.51, which means that at the current rate of sales, it would take about 1.51 months to sell all the available homes on the market. This indicates a pretty fast-moving market with limited inventory. Next, we have the...
Philadelphia suburbs are becoming a hot destination for people looking for a unique blend of urban access and peaceful living. These charming communities have caught the eye of both millennials and young families. This blog will explore why the Philadelphia suburbs are so popular and what makes them an ideal place to call home. Affordable Living with Big-City Benefits Millennials love Philadelphia...
Introduction Understanding the real estate market in Montgomery County, PA, is crucial for home buyers, sellers, and investors. This market can be quite dynamic, with shifts influenced by various factors such as economic conditions, interest rates, and local developments. In this article, we'll explore the current state of the market, factors influencing it, neighborhood insights, and strategies for...
On Friday, March 15, 2024, the National Association of REALTORS® (NAR) announced a surprising $418 million settlement with a nationwide group of home sellers. The settlement aims to resolve claims in multiple antitrust class actions against NAR. These lawsuits accused the NAR and several of the nation's largest residential real estate brokerage companies of requiring home sellers to pay inflated real...
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