The market is going where??
Unfortunately, the market for newly built homes continues to fall although not as drastically as it has been. The housing market overall has stabilized across much of the country although there are always specific areas that continue to decline and others that recover more rapidly. As a whole, the housing market will not recover fully [...]
Awesome House Deals.
Great foreclosure deals are everywhere, and we’re finding a bunch of them right NOW!!
Incredible Homes Coming To The Market Every Day!
We went out this week to look at homes in the $120,000 to $200,000 range since a bunch of foreclosures had just been released onto the market. We found some outrageous deals! These homes only need some upgrading and cosmetic work and are perfect for a quick, Streamline 203K for a home buyer or, they’re [...]
Average Sales Prices and Savings on Foreclosures in Pennsylvania
These days everyone is talking about the great deals to be had by purchasing a foreclosed home. But how much money is there really to be saved? Actually, quite a bit.
The latest numbers from RealtyTrac show that for the month of March, the average purchase price of a non-distressed home in Pennsylvania was $182,500. This compared with the average purchase of $120,371 on a foreclosed home in Pennsylvania, which works out to an average savings of about $62,000, or 34%.
Foreclosure for Sale – Beautiful and Spacious Ranch
Beautiful and spacious ranch, only minutes from the Delaware Water Gap. Nearly 2,600 square feet with 2 bedrooms and 2.5 baths. Features include an open layout, large eat-in kitchen, impressive formal dining room, spacious master suite with walk-in closet, formal living area, fireplace in family room, cathedral ceilings, easy-to-maintain yard, and finish lower level. Located in Woodland Village at Shawnee – amenities include outdoor pool access, security and garbage services.Total estimated price, with repairs: $150,000.
New Construction vs. Existing Homes
As a new home builder, I’ve always been partial to building a new home for a client rather than exploring existing homes found on the real estate market. In the past there were many advantages to a newly built home but times have changed and I have changed with them.