Will Student Loan Forgiveness Lead to More Millennial Buyers?
While nearly 49% of millennials are homeowners, 56% of these homeowners are still making student loan payments.
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Scranton Named Second Cheapest City for Homebuyers
In Scranton, the median home listing price in September was just $225,000 or $124 per square foot.
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Tips for Downsizing
Court Ebeling of Carter’s Home Downsizing and Resale Specialists, LLC has a few tips and tricks after more than a decade in the downsizing business.
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Down Payments Up 35% Year Over Year In Biggest Metros
The average down payment in the top 50 largest metros is $62,611, up from $46,238 in September 2021. The down payment represents 58.3% on average of each area’s average yearly income.
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Pennsylvania Cities Top Best Places to Retire List
The site ranked Lancaster first, Harrisburg second, York fifth, Allentown ninth and Reading 10th. Scranton (17th), Philadelphia (19th) and Pittsburgh (20th) also made the list of 150 cities best for retirees.
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Despite More Buyer Interest in New Homes, Builder Confidence Low
While existing home inventory continues to remain below ideal standards, growth in inventory of new homes has led to more buyer interest.
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How to Protect Yourself From Cyber Crimes
“It’s so important for you to be aware and to train everyone in the office so they know what information to keep, what to destroy and how to destroy it,” said Lisa Scoble, vice president of program business at Pearl Insurance. “Brokers, agents and employees need education on how to best protect the business.”
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Maintaining Client Relationships in Real Estate
Jason Bradshaw encourages Realtors® to prioritize relationships over transactions. “The more you can focus on delivering value and being the trusted source of information, the greater the relationship you will have with customers and the less likely the customer is to seek assistance elsewhere.”
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Haunted House? Most Buyers Aren’t Scared Away in This Market
A majority of respondents (67%) said they think houses can be haunted and 10% said they have purchased equipment to find any spirits.
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Sellers’ Profits Drop From Second Quarter to Third
Sellers made a 54.6% profit on average in the last quarter, down from 57.6% in the second quarter, as home prices have begun falling from a record high in June, both across the country and in Pennsylvania.
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