Philadelphia Real Estate Blog

I’ve been screaming to anyone who will listen this past year that it’s a great time to sell a home, buy a home, invest or build. I was constantly telling everyone that interest rates are historically low and that home prices are not “low” they are “realistic” which is what they weren’t over the past 7 to 10 years. Rarely is the real estate market “balanced” so-to-speak, meaning rates are low and home prices are where they should be. I’ve seen rates low and home prices high or rates high and home prices low but over the past few years, we’ve had historically low mortgage rates and incredibly realistic home prices. Buyers can get a mortgage and feel comfort in knowing that for the next 30 years, their rate is not going to change and it’s lower than it’s ever been. Home buyers can also feel comfort in knowing that…

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