Pennsylvania Median Home Sales Price Dips in August
The median existing home sales price in Pennsylvania was $209,794 in August, up 5% year over year, but down from July’s record high of $219,154.
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Three Pennsylvania Realtors® Honored at PAR Board of Directors Meeting
George Raad of the Greater Lehigh Valley Realtors® was posthumously given the Lifetime Achievement Award, Eric Rehling of the the Tri-County Suburban Realtors® was named Realtor® of the Year and Lisa Sanderson of the Pocono Mountains Association of Realtors® was presented the Realtor® Active in Politics award.
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FBI Special Agent Advises on Preventing Cybercrime in Real Estate
Business email compromise and email account compromise resulted in more than $92 million in losses in Pennsylvania last year, according to the FBI’s 2021 Internet Crime Complaint report.
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Millennial and Gen Z Renters Hit Hard by Inflation
Millennials who signed a new lease for a rental property saw their overall costs of good and services rise 11.6% year over year, while Generation Z renters saw theirs rise 11.3%, both noticeably higher than the average for the U.S. consumer of 8.5%.
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Consumers, Experts Predict Home Price Growth to Slow
Home prices are expected to ditch the double-digit gains and only jump 3.8% from July 2022 to next July.
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The Best Week to Buy a House? It’s Coming Up
According to data from Realtor.com®, Sept. 25 through Oct. 1 is the best time to buy a home this year across the U.S.
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Expert Offers Realtor® Safety Tips
The general response to fear is to fight, flight or freeze, however, there are steps to take to defend yourself, according to Jennifer Cassetta, a self-defense expert.
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Bathroom Remodel Costs Up $10,000 Over the Past 10 Years
Pennsylvania had the ninth-highest cost when remodeling a bathroom and the ninth highest jump in prices over the last decade.
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Homes on a MLS Sold for 13% More in Three-Year Period
Homes sold via the multi-listing service had a 13% premium over homes not sold on a MLS on average, representing to $45,741 more for the average seller.
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Realtor® Safety Month: How Are You Protecting Yourself?
I would urge each of you to make safety a priority. Creating your own safety strategy is key to ensuring that you avoid potential dangers and reduce risk as much as possible.
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