Consumers are very eager to take advantage of the record low 30-year home loan mortgage rates. However...the process of getting a mortgage has changed. I recommend that buyers be prepared with documentation to provide to lenders and understand that patience is a virtue, the reward will be the pride and satisfaction of owning your own home.
The average sold price of a home in Upper Dublin Township has gone up from $447,090 in August 2009 to $486,583 for August 2010 so far. Nationwide the median price of houses was up by 1.55. Mortgage applications to purchase homes also went up for the fourth straight week.
At this time last year the 30-year Fixed Rate Mortgage (FRM) average was 5.29%. This past week ending 8/12/2010 a 30-year FRM averaged 4.44% breaking record lows. These low rates are helping to stabilize the local housing markets by increasing homes sales.
What does this potentially mean for homes for sale in Upper Dublin. It means it is a fantastic time to buy a home in Upper Dublin and take full advantage of these wonderfully low mortgage rates. For sellers it also means it can be a great time to sell. Buyers can get a little more for their money with record low mortgage rates making it more affordable to purchase your Upper Dublin home.
First time home buyers that missed the opportunity to purchase a home and benefit from the tax credit now have another chance. I guess it's true, when one door closes another door opens. For more information about buying, or selling in Upper Dublin, Blue Bell, Horsham and the surrounding areas visit me at MarionFreedman.com, Opening the door to your dreams.
Upper Dublin Market Statistics for the first quarter of 2010 helped Montgomery County bring up the average for home sale prices. Montgomery County was one of three Counties showing the highest increases in sales prices from July 2009 to July 2010 with an increase of 10.1%.
In Zip Code 19002, the average selling price of homes for sale in Ambler was $399,100. That was 94.2% of the asking/list price. 72 homes sold with an average DOM 96.
In Zip Code 19025 - The average selling price of homes for sale in Dresher was $301,700. That was 97.2% of the asking/list price, 6 homes sold with an average DOM of 55.
In Zip Code 19034 - The average selling price of homes for sale in Fort Washington was $566,200. That was 88.1% of the asking/list price. 10 homes sold with an average DOM of 193.
Visit me at MarionFreedman.com for information about Upper Dublin, including Ambler, Dresher, Maple Glen and Fort Washington homes for sale. Upper Dublin is a great community and you’ll find a wide variety of fun things to do near Upper Dublin for the whole family.
Search for all the Upper Dublin homes for sale featuring community information, Upper Dublin school reports, area demographics and much more... including important information for selling your Upper Dublin and surrounding area home based on today’s market values, local real estate trends as well as information for sellers, selling your home in today's competitive market.
For immediate assistance don't hesitate to call me direct at 215.840.1164.
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Member of the National Association of Realtors, Montgomery County Assoc. of Realtors, REBAC, Sellers Agency Counsel, Accredited Home Staging professional.
Opening the door to your dreams
There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work. I am hardworking, dedicated, passionate and enthusiastic. I live in Maple Glen and I'm the mother of four wonderful children.
That said, in my experience as a Keller Williams real estate professional, I've also found that providing the very best service is essentially about putting your family first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.
This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.
I am proud to announce that I recently received my Accredited Staging Professional Designation! So, what does that mean for you? Well, if you are selling your home it is important to understand that 94.8% of Staged Homes sell in 35 Days of LESS! * The average days of market for unstaged homes is 182 versus only 37 days for staged homes!*
"The investment in Staging is ALWAYS less than a Price Reduction." - Barb Schwarz
*All statistics are from www.stagedhomes.com
Client Testimonials
"Thank you for helping me find the home of my dreams. Working with you made this entire process so wonderful and stress free. You are a true professional." - Sally
"Thank you for the hard work you did to sell our house. You kept your cool and helped us retain our sanity. You were so efficient and that made the closing go so well. We will recommend you to anyone we know and know we will be doing a good deed for them." - Evelyn & Marty
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