Alan Stasson, Re/max Affiliates

Alan Stasson, Re/max Affiliates Real Estate Broker Servicing NE Philadelphia Area for over 20 years! Doing more from listed to sold-call now for a market analysis on your home's value!

Numerous factors go toward determining a house's value, including location and current market conditions.
12/15/2022

Numerous factors go toward determining a house's value, including location and current market conditions.

From the moment you sign on the dotted line, your home becomes perhaps your most important investment. As you spend time and money updating and maintaining your home, its value should grow. Know that value can help as you make future decisions about your primary investment, whether it's selling, ref...

Home prices may seem as if they’re declining in some parts of the country, but that doesn’t change how dramatically they...
12/13/2022

Home prices may seem as if they’re declining in some parts of the country, but that doesn’t change how dramatically they’ve risen over the past two and a half years.

LendingTree, an online loan marketplace, recently did a deep dive on metropolitan areas where houses valued at $1 million or more are most prevalent. Using the Census Bureau’s 2020 American Community Survey, the online loan marketplace discovered how common $1 million-plus homes are in the nation....

Lucky for you, you don’t need a degree in rocket science to find the answer. You just need to know how to budget. Here a...
12/12/2022

Lucky for you, you don’t need a degree in rocket science to find the answer. You just need to know how to budget. Here are five steps to help you create your own home-buying budget.

It’s easy to feel overwhelmed by all the decisions that go into buying a new home. Brand-new or existing? Cottage or McMansion? Fixer-upper or move-in ready? City or country? After all, a home is a big purchase, and you want it to be a blessing for many years to come. But one question holds the ke...

Here are some of the benefits you can look forward to as a homeowner.
12/09/2022

Here are some of the benefits you can look forward to as a homeowner.

Homeownership not only builds a sense of pride and accomplishment, but it's also an important step toward achieving long-term financial stability. Here are some of the benefits you can look forward to as a homeowner.

Change in Philadelphia-area home prices, by ZIP code.
12/08/2022

Change in Philadelphia-area home prices, by ZIP code.

Driving the news: Prices are expected to increase in the Philly metro area anywhere between .7% and 5.7% over the next year, according to competing predictions from Zillow and Realtor.com.

It’s the most ever paid for a home in Miami-Dade County, and records show Griffin stole the record from himself.
12/06/2022

It’s the most ever paid for a home in Miami-Dade County, and records show Griffin stole the record from himself.

The four-acre estate includes 400 feet of water frontage and two mansions that combine for more than 20,000 square feet.

Inflation and interest rate hikes have pushed US housing affordability to a three-decade low.
12/05/2022

Inflation and interest rate hikes have pushed US housing affordability to a three-decade low.

To determine what markets present a good deal for homebuyers, Realtor.com analyzed housing data from the nation's 250 largest cities. The company calculated the price a buyer would have to pay per square foot compared with the city's local median income.

Did you know everyone can enjoy a taste of luxury living at home?
12/02/2022

Did you know everyone can enjoy a taste of luxury living at home?

Did you know everyone can enjoy a taste of luxury living at home? And that’s regardless of property size or available funds. In fact, it’s about setting the appropriate tone by using some core elements. Read on for our favorite luxury home decor ideas that are bathing spaces in elegance.

As the weather outside cools, the housing market is cooling too. That's because interest rates are rising, making it mor...
12/01/2022

As the weather outside cools, the housing market is cooling too. That's because interest rates are rising, making it more difficult to sell or buy a new home.

In a recent Forbes article, Robin Rothstein writes, "The average 30-year, fixed-rate mortgage soared from 3.22% the first week of January to a 20-year high of 7.08% in late October… While some experts say they're hopeful that interest rates won't rise further this year, others say the increases wi...

If you're finding that your regular paycheck isn't enough to help you sock away down payment funds at the pace you're ho...
11/29/2022

If you're finding that your regular paycheck isn't enough to help you sock away down payment funds at the pace you're hoping for, then it could be time to take on a second job and use your earnings for home-buying purposes.

These days, making even a 10% down payment is no guarantee of home-buying success. Home prices are still up on a national level. Plus, mortgage rates are at their highest point in several decades. That's created a major affordability crunch for buyers.

The median sales price is up 14% over the year to $296,500, though it is down from $315,100 in August.
11/28/2022

The median sales price is up 14% over the year to $296,500, though it is down from $315,100 in August.

According to Bankrate, the current average rate for the benchmark 30-year fixed mortgage was 7.32% as of Sunday, up 15 basis points over the previous week.

Interest rate hikes since last spring are causing the once-red-hot housing market to cool off a bit, giving buyers renew...
11/25/2022

Interest rate hikes since last spring are causing the once-red-hot housing market to cool off a bit, giving buyers renewed negotiating power.”

Vacasa, a vacation rental management platform, has released its Best Places to Buy a Winter Vacation Home 2022-2023 report which found that Wallowa Lake, Oregon claimed the number one spot on the list, with the median home sales price at $282,237.

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Philadelphia, PA
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